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D Required Information The Foundational 15 (Algo) (L06-1, LO6-3, L06-4, L06-5, LO6-6, LO6-7, LO6-8] [The following information applies to the questions displayed below.) Oslo Company

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D Required Information The Foundational 15 (Algo) (L06-1, LO6-3, L06-4, L06-5, LO6-6, LO6-7, LO6-8] [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 Variable expenses Contribution margin Fixed expenses Net operating income $ 80,000 52.000 28.000 21,840 $ 6,160 Foundational 6-14 (Algo) 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 $21,840 and the total fixed expenses are $52,000. 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.) Degree of operating leverage Required information The Foundational 15 (Algo) (LO6-1, LO6-3, L06-4, LO6-5, L06-6, LO6-7, LO6-8) [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): Salon $ 80,000 Variable expenses Contribution margin 28,000 Pixed expenses 21,840 Net operating income 52,000 56,160 Foundational 6-15 (Algo) 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 $21,840 and the total fixed expenses are $52,000. Using the degree of operating leverage, what is the estimated percent increase in net operating Income of a 5% increase in unit soles? (Round your Intermediate calculations and final answer to 2 decimal places.) Increase in net operating income %

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