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Consider a four-year project with the following information: initial fixed asset investment $580,000; straight-line depreciation to zero over the four-year life; zero salvage value; price

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Consider a four-year project with the following information: initial fixed asset investment $580,000; straight-line depreciation to zero over the four-year life; zero salvage value; price $42; variable costs-$29; fixed costs-$255,000; quantity sold-94,000 units tax rate 24 percent. a. What is the degree of operating leverage at the given level of output? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) b. What is the degree of operating leverage at the accounting break-even level of output? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Answer is complete but not entirely correct. Degree of operating leverage Degree of operating leverage a. 1.2637 b. 2.7586

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