Required information 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$)$:

Sales

Variable expenses

Contribution margin

Fixed expenses

Net operating income

Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result from a

$5\%$ increase in unit sales? $($Round your intermediate calculations and final answer to $2$ decimal places.$)$ 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$)$:

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 $$14,040$ and the total fixed expenses are $$45,500.$ 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.$)$ 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$)$:

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 $$14,040$ and the total fixed expenses are $$45,500.$ Using the degree of operating

leverage, what is the estimated percent increase in net operating income of a $5\%$ increase in unit sales? $($Round your intermediate

calculations and final 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$)$:

What is the degree of operating leverage? $($Round your answer to $2$ decimal places.$)$