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Understanding the effects of operating leverage HighTech, Inc.and OldTime Co. c

Understanding the effects of operating leverage HighTech, Inc.and OldTime Co. compete within the same industry and had the following operating results in 2010. _____________________________________________________________                           HighTech           OldTime                               Inc.               Co. Sales.....................$2,100,000        2,100,000 Variable expenses..........  420,000        1,260,000                            __________       __________ Contribution…

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