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14. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable
14. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words,
! Required information (The following information apples applies to the questions displayed below.) 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 $ 85,000 Variable expenses 59,500 Contribution margin 25,500 Fixed expenses 20,400 Net operating income $ 5,100 14. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $20,400 and the total fixed expenses are $59,500. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.) ces Degree of operating leverage assume that the total variable expenses are $20,400 and the total fixed expenses are $59,500. Under this scenario and assuming
that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.)
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