Explain degree of operating leverage and how it relates to fixed cost.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 52% (17 reviews)
Degree of operating leverage is calculated by dividing c...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted:
Students also viewed these Managerial Accounting questions
-
How does degree of operating leverage help managers predict changes in profit? In general, would you prefer a higher or lower degree of operating leverage?
-
Explain CRM and how it relates to database marketing.
-
Explain what SWOT analysis is and how it relates to the strategic management process? Select a company and a brief SWOT analysis. finally, explain why it is important for today's managers to think in...
-
The following accounts are used by Mouse Potato, Inc., a computer game maker. Required: For each of the following independent situations, give the journal entry by entering the appropriate code(s)...
-
During the year 2014, Ricki, who is not self-employed and does not receive employer reimbursement for business expenses, drove her car 5,000 miles to visit clients, 10,000 miles to get to her office,...
-
What type of process is used for making each of the following products? (a) Beer (b) Wedding invitations (e) Automobiles (d) Paper (e) Big Macs (f) Custom homes (g) Motorcycles
-
Frostbite Glove Company produces three types of gloves: small, medium, and large. A glove pattern is first stenciled onto fabric in the Pattern Department. Thestenciled patterns are then sent to the...
-
1. What is the cost of completing this project if no overtime is used? How long will it take to complete the project? 2. What is the shortest amount of time in which the project can be completed?...
-
A B C Z Face Value $ 1 0 0 , 0 0 0 $ 1 0 0 , 0 0 0 $ 1 0 0 , 0 0 0 $ 1 0 0 , 0 0 0 State Rate 1 2 % 1 2 % 1 2 % 0 % Term 5 years 5 years 5 years 3 years Payable Semi - Annual Semi - Annual Semi -...
-
1. Sharps Sandwich Shop has two conflicting quality issues speed and freshness. The premade sandwich system enhances speed; however, it has the potential of affecting freshness. What type of system...
-
Explain how a decision to automate a manufacturing facility would likely impact a companys cost structure and its break-even point.
-
What will happen to a companys break-even point if the product mix shifts to favor a product with a lower contribution margin per unit?
-
How do the leader-member exchange and servant-leadership models differ? What roles do gender and culture differences play in influencing perceptions of leadership effectiveness and actual...
-
Factor by grouping. 4st+6t 10s - 15
-
*These calculations should look familiar, as they are identical to the equations used to determing left ventricle ejection fraction. Let's look at an example. Calculate the GBEF from the following...
-
Samantha Reeves works as a sales manager at Synergy Bank. Explain the nature of tasks she would be performing according to Mintzberg's concept of managerial roles.
-
You work as a strategic marcomms (SMC) professional in the hi-tech industry, atAuvik cloud-based networking management and monitoring software company in Waterloo, one of Canada'sfastest growing tech...
-
1. Consider the linear function 3x +2y-8=0 (i) Sketch the function by determining the z and y intercepts. I (ii) Determine the equation of the line normal to the linear function that passes through...
-
Define as the sum of the two improper integrals Use the Comparison Test to show that J converges. = 50 10 J = dx x1/2(x + 1)
-
A sample statistic will not change from sample to sample. Determine whether the statement is true or false. If it is false, rewrite it as a true statement.
-
Does the wave pulse in Figure 16.11 also carry along momentum? Justify your answer. Figure 16.11 A wave pulse carries kinetic and potential energy. If there is no energy dissipation, the amount of...
-
The standard cost card for the single product manufactured by Cutter, Inc., is given below: Manufacturing overhead is applied to production on the basis of standard direct labor-hours. During the...
-
The standard cost card for the single product manufactured by Cutter, Inc., is given below: Manufacturing overhead is applied to production on the basis of standard direct labor-hours. During the...
-
The standard cost card for the single product manufactured by Cutter, Inc., is given below: Manufacturing overhead is applied to production on the basis of standard direct labor-hours. During the...
-
Idaho Engineering Inc. has a target capital structure of 27% debt, 10% preferred stock and 63% common stock. The interest rate on new debt is 4.7% (before taxes), the yield on preferred stock is 8%...
-
4 swer saved Marked out of 1.00 Flag question Today, you want to sell a $1,000 face value zero coupon bond you currently own. The bond matures in 4.5 years. How much will you receive for your bond if...
-
A project has annual depreciation of $26,700, costs of $103,700, and sales of $153,500. The applicable tax rate is 21 percent. What is the operating cash flow? A. $109,120 B. $49,725 C. $32,370 D....
Study smarter with the SolutionInn App