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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 units
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 1500 units)
[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): 14. Assume the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume the total variable expenses are $20,400 and the total fixed expenses are $59,500. Under this scenario and assuming totai sales remain the same, what is the degree of operating leverage? Note: Round your answer to 2 decimal places. [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): 5. Assume the amounts of the company's total variable expenses and total fixed expenses were reversed, In other words, assume the otal variable expenses are $20,400 and the total fixed expenses are $59,500. Using the degree of operating leverage, what is the estimated percent increase in net operating income of o 5% therease in unit salos? Note: Round your intermediate calculations and final answer to 2 decimal places Please refer to the images and answer all parts of the question. Thanks so much! I'll be sure to thumbs up :)
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