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Use of different formulas for operating leverage ( LO 3 ) U . S . Steal has the following income statement data: a . Compute

Use of different formulas for operating leverage (LO3) U.S. Steal has the following
income statement data:
a. Compute DOL based on the following formula:
DOL PercentchangeinoperatingincomePercentchangeinunitssold
b. Confirm that your answer to part a is correct by recomputing DOL using Formula
5-3. There may be a slight difference due to rounding.
DOLQ(P,VC)Q(P,VC),FC
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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