(Answered) Testbank exercise 4 a manufacturer of potting soil has the

Accounting

Testbank Exercise 4 A manufacturer of potting soil has the following financial data:

Pounds produced and sold	23,900
Sales	$189,800
Less: Variable manufacturing costs	121,000
Fixed manufacturing costs	10,000
Variable selling and administrative costs	30,900
Fixed selling and administrative costs	15,900
Net operating income	$12,000

What is the company's unit contribution margin? (Round answer to 2 decimal places, e.g. 1.64.)

What is the company's degree of operating leverage?

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