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15.) 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
15.) 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 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 15. 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. Using the degree of operating leverage, what is the estimated percent increase in net operating Income of a 5% increase in unit sales? (Round your Intermediate calculations and final answer to 2 decimal places.) Increase in not operating income % assume that the total variable expenses are $20,400 and the total fixed expenses are $59,500. Using the degree of operating
leverage, what is the estimated percent increase in net operating income of a 5% increase in unit sales? (Round your intermediate
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