Holt Company's variable expenses are 70% of sales. At a $300,000 sales level, the degree of operating leverage is 10. If sales increase by $60,000, the degree of operating leverage will be:
A) 12
B) 10
C) 6
D) 4
ACCT, ACC, Accounting assignment, Accounting homework, Financial accounting homework , College accounting homework, Cost accounting homework, Accounting homework online, Managerial accounting homework, Accounting homework, Accounting , Financial accounting, Accounting assignment, Online accounting, Accounting tutor, Online assignments, Homework, Accounting tutor online, Accounting hw, Accounting online, Online accounting tutor, Accounting online, Accounting tutors online. GB518