The following information was drawn from the records of Calico Company Income Statement Sales Revenue (170 @ $520 per unit) $ 88,400 Cost of Goods Sold: Variable (170 @ $220 per unit) (37,400 ) Fixed (17,000 ) Gross Margin 34,000 Sales Commissions (170 @ $40) (6,800 ) Depreciation (2,800 ) Net Income $ 24,400 Based on this information the magnitude of operating leverage is approximately (round to nearest hundredth):

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units