The degree of operatingleverage is calculated by the formular
(sales - variable cost) / (sales - fixed cost - variable cost).
In the given question,
sales = $2,000,000
variable cost = $1,100,000
fixed cost = $750,000
The degree of operating leverage is (2,000,000 - 1,100,000) / (2,000,000 - 750,000 - 1,100,000) = 900,000 / 150,000 = 6.
Therefore, the degree of operating leverage is 6.
Answer:
The correct answer is the option: False.
Explanation:
To begin with, when it comes to terms of helping someone and moreover saving someone's live it is absolutely necessary to always act in order to make sure that everything that was possible to do was done, so therefore that it is understandable that in a case where a child has been poisoned with something then the person closer must know that he could induce vomiting by putting the finger into the throat, gently, so that the body will automatically try to throw up. Otherwise if the person might have not been instructed by the poison center expert and the kid is posible to pass out then the situation can get worse if the person does not do something.
Answer:
6251 tapes
Explanation:
Given: fixed cost is $10,000.
Variable cost is $0.40 to produce each tape.
Selling price is $2 per tape.
Lets assume number of tapes to be produced and sold be "x"
We know, Total cost= 
∴ Total cost= 
Total cost= 
As given, selling price is $2 per tape.
∴ For attaining break even point, Tota cost = Selling price.
Solving the equation to find the value of x
⇒
Subtracting both side by 0.4x
⇒
Dividing both side by 1.60
⇒ 
∴ x= 6250
Hence, number of tapes must be sold and purchased is 6250 to attain break even in the business, however selling one more tapes will get profit is 6251.
Answer:
The fund raising committee can be organized in 3,276 different ways.
Explanation:
The committee can have the following structures:
Accounting majors Finance majors
0 5
1 4
2 3
C(10,0) x C(8,5) = (10! / 10!) x (8! / 3!5!) = 1 x 56 = 56
C(10,1) x C(8,4) = (10! / 9!1!) x (8! / 4!4!) = 10 x 70 = 700
C(10,2) x C(8,3) = (10! / 8!2!) x (8! / 5!3!) = 45 x 56 = 2,520
total possibilities = 2,520 + 700 + 56 = 3,276
