Assume that the amounts of the companys total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $2,250 and the total fixed expenses are $5,500. Given this scenario and assuming that total sales remain the same. Using the degree of calculated operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales.

Required information The Foundational 15 [LO5-1, LO5-3, LO5-4, LO5-5,LO5-6, LO5-7, LOS-8 The fowowing 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 unitsl sales Contribation margin Pixed expenses Net operating inoome 10,000 ,500 $ 2,250