Answer :
Answer:
new degree of operating leverage = 3.009
new degree of operating leverage = 3.97
Explanation:
given data
output level X = 17,500 units
operating leverage = 3.40
operating cash flow = $59,000
solution
we will apply here operating leverage equation that is
operating leverage = [tex]\frac{(P-V)*X}{((P-V)*X-FC)}[/tex] ..........1
here we X is output level
and we consider here
(P-V)*X =T ....................2
so equation 1 will as here as
3.4 = [tex]\frac{T}{T-FC}[/tex]
T = 3.4 T - 3.4 FC
so
2.4 T = 3.4 FC
[tex]\frac{FC}{T} =\frac{2.4}{3.4}[/tex]
so now put T here from equation 2
[tex]\frac{FC}{(P-V)*X} =\frac{2.4}{3.4}[/tex]
[tex]\frac{FC}{(P-V)} =\frac{2.4*17500}{3.4}[/tex]
[tex]\frac{FC}{(P-V)} =12352.9411[/tex]
so
now for operating leverage for X = 18,500 units
new degree of operating leverage
new degree of operating leverage = [tex]\frac{X}{X -\frac{FC}{(P-V)}}[/tex]
put here
new degree of operating leverage = [tex]\frac{18500}{18500 -12352.9411}[/tex]
new degree of operating leverage = 3.009
and
now for operating leverage for X = 16,500 units
new degree of operating leverage
new degree of operating leverage = [tex]\frac{X}{X -\frac{FC}{(P-V)}}[/tex]
put here
new degree of operating leverage = [tex]\frac{16500}{16500 -12352.9411}[/tex]
new degree of operating leverage = 3.97