12. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses $20,300 12,100 Contribution margin Fixed expenses 8,200 6,232 Net operating income $ 1,968 Required: What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage