14. U.S. Steal has the following income statement data:

Q represents beginning units sold (all calculations should be done at this level).
P can be found by dividing total revenue by units sold.
VC can be found by dividing total variable costs by units sold.

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Total Operating Units Sold Variable Fixed Total Costs Costs Costs Total Revenue Income (Loss) 40,000 60,000 $ 80,000 $50,000 $130,000 $160,000 $30,000 120,000 50,000 170,000 240,000 70,000 a. Compute DOL based on the formula below (see page 128 for an example): DOL Percent change in operating income Percent change in units sold b. Confirm that your answer to part a is correct by recomputing DOL using formula 5-3 on page 129. There may be a slight difference due to rounding. DOL ===== Q (P - VC) Q (P VC) FC =