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Consider a four-year project with the following information: Initial fixed asset investment =$655,000; 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 =$655,000; straight-line depreciation to zero over the four-year life; zero salvage value; price =$28; variable costs =$16; fixed costs =$245,000; quantity sold =61,000 units; tax rate =21 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 2 decimal places, e.g., 3216.) 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 2 decimal places, e.g., 32.16.)

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