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Oslo Company prepared the following contribution format income statement based on a sales volume 1000 unit (the relevant range of production is 500 units to

Oslo Company prepared the following contribution format income statement based on a sales volume 1000 unit (the relevant range of production is 500 units to 1,500 units):

Sales $20,000

Variable expenses 13000

Contribution margin 7,000

Fixed expense 3,780

Net operating income $ 3,220

What is the degree of operating leverage?

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