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5 U.S. Steal has the following income statement data: points Skipped ebook Prim Total Operating Unita Sold 135,000 155,000 Variable Costs $270,000 310,000 Fixed
5 U.S. Steal has the following income statement data: points Skipped ebook Prim Total Operating Unita Sold 135,000 155,000 Variable Costs $270,000 310,000 Fixed Costs $140,000 140,000 Total Costa $410,000 450,000 Total Revenue $ 945,000 1,085,000 Incone (Loss) $535,000 635,000 The top row of the table has the beginning values and the bottom row of the table has the ending values. a. Compute the degree of operating leverage (DOL) based on the formula below. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) References DOL- Percent change in operating incone Percent change in units sold Degree of operating leverage
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