A manufacturer of premium wire strippers has supplied the following data: Units produced and sold 580,000Sales revenue$4,176,000Variable manufacturing expense$2,871,000Fixed manufacturing expense$778,000Variable selling and administrative expense$348,000Fixed selling and administrative expense$104,000Net operating income$75,000 The company's degree of operating leverage is closest to:
A. 3.65
B. 7.73
C. 55.68
D. 12.76
Answer: D
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