The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $71.65. The variable cost per unit is $23.15, Poseidon Swim has average fixed costs per year of $5,891.
The Poseidon Swim Company produces swim trunks. The average selling
price for one of their swim trunks is $71.65. The variable cost per unit is $23.15, Poseidon Swim has average fixed costs per year of $5,891.
Determine the degree of operating leverage for the level of production and sales 429 swim trunks.
Round the answer to two decimal places.
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