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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. CH Return to question 14 ! Part 14 of 15 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): 0.4 points 8 02-12-27 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40,500 33,210 $ 7,290 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 $33,210 and the total fixed expenses are $49,500. 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.) Answer is complete but not entirely correct. Degree of operating leverage 5.56 Mc Graw HEIL 14
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