Sue sells authentic Amish quilts on her website. Suppose Sue expects to sell 2 comma 000 quilts during the coming year. Her average sales price per quilt is $ 375, and her average cost per quilt is $ 175. Her fixed expenses total $ 200 comma 000. Compute Sue's operating leverage factor at an expected sales level of 2 comma 000 quilts. If sales volume increases 20%, by what percentage will her operating income change? Prove your answer by calculating operating income at a sales volume of 2 comma 000 and at a sales volume of 2 comma 400.
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Sue sells authentic Amish quilts on her website. Suppose Sue expects to sell 2 comma 000 quilts duri...
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