accounting 203

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): 5. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, ssume that the total variable expenses are $20,400 and the total fixed expenses are $59,500. Using the degree of operating average, what is the estimated percent increase in net operating income of a 5% increase in unit sales? (Round your intermediate alculations and final answer to 2 decimal places.)