Explain degree of operating leverage and how it relates to fixed cost.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (16 reviews)
Degree of operating leverage is calculated by dividing c...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Question Posted:
Students also viewed these Managerial Accounting questions
-
How does degree of operating leverage help managers predict changes in profit? In general, would you prefer a higher or lower degree of operating leverage?
-
Explain CRM and how it relates to database marketing.
-
Explain what SWOT analysis is and how it relates to the strategic management process? Select a company and a brief SWOT analysis. finally, explain why it is important for today's managers to think in...
-
The following accounts are used by Mouse Potato, Inc., a computer game maker. Required: For each of the following independent situations, give the journal entry by entering the appropriate code(s)...
-
During the year 2014, Ricki, who is not self-employed and does not receive employer reimbursement for business expenses, drove her car 5,000 miles to visit clients, 10,000 miles to get to her office,...
-
Ginny made the following gifts during the current year. Her husband, Ken, made no gifts during the year. Gift of land valued at $250,000 to her husband Gift of $20,000 in stock to her daughter ...
-
a. Consider the regression using three explanatory variables, FERTILITY, PUBLICEDUCATION, and LNHEALTH that you did in Exercise 3.3.6. Test whether PUBLICEDUCATION and LNHEALTH are jointly...
-
Determine whether the following items included in Sung Company's bank reconciliation will require adjusting or correcting entries on Sung's books. When an entry is required, record it in general...
-
Head First Company plans to sell 5, 100 bicycle helmets at $78 each in the coming year Product costs include Direct materials per helmet $32 Direct labor per helmet 5.50 Variable factory overhead per...
-
? ? Preparing financial statements and closing entries Paulson Corporation Adjusted Trial Balance December 31, 20- DERIT CREDIT ACCOUNT TTLE Cash 28 3 6 211 Petty Cash 1200 Accounts Receivable...
-
Explain how a decision to automate a manufacturing facility would likely impact a companys cost structure and its break-even point.
-
What will happen to a companys break-even point if the product mix shifts to favor a product with a lower contribution margin per unit?
-
Baths Bank offers you a $60,000, seven-year term loan at 9 percent annual interest. What will your annual loan payment be?
-
-Use a conditional format to highlight the Amount over $300 with Light Red Fill a Dark Red Text. 0. Add a Total row to the table and calculate the Average for Amount field. Chan the label for the...
-
Find zu, -u, 3v, v - u, and 2u + 5v. 2 (a) zu 3 (b) 3v U = 16 ,2 3 6, - 27 (c) v- u (8,3), v = (2, -9) -6, - 12 (d) 2u + 5v 26,- 36 X X
-
Which organizational structure is the most widely used? A) Departmental B) Strategic business unit C) Functional D) Decentralized E) Matrix
-
How will you define Organizational Development? Or what does it mean to you? explain
-
Complete the following 5-year calculations: Net sales, operating expenses, operating income, and net income of Jiranna Healthcare. Total profit margin, asset turnover, return on assets, and return on...
-
Compare and contrast low-rigor versus high-rigor cross-cultural training. Provide some examples of each type of training.
-
A sample statistic will not change from sample to sample. Determine whether the statement is true or false. If it is false, rewrite it as a true statement.
-
Does the wave pulse in Figure 16.11 also carry along momentum? Justify your answer. Figure 16.11 A wave pulse carries kinetic and potential energy. If there is no energy dissipation, the amount of...
-
The standard cost card for the single product manufactured by Cutter, Inc., is given below: Manufacturing overhead is applied to production on the basis of standard direct labor-hours. During the...
-
The standard cost card for the single product manufactured by Cutter, Inc., is given below: Manufacturing overhead is applied to production on the basis of standard direct labor-hours. During the...
-
The standard cost card for the single product manufactured by Cutter, Inc., is given below: Manufacturing overhead is applied to production on the basis of standard direct labor-hours. During the...
-
You will modify the add method in the LinkedBag class. The add method is the only thing you should modify in LinkedBag. Add a second parameter to the method header that will be a boolean variable:...
-
Generate Random Decals is primitive please fix that as well As a license plate number, integers are to be used. Positive numbers add a car, negative numbers remove a car, zero stops the...
-
Describe the competitive positions in the drone industry and assess the opportunities for at least three positions in the industry.
Study smarter with the SolutionInn App