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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
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 $ 70,000 38,500 31,500 23,310 $ 8,190 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
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