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Required information Skip to question [ The following information applies to the questions displayed below. ] Oslo Company prepared the following contribution format income statement

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Skip to question
[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 $ 85,000
Variable expenses 59,500
Contribution margin 25,500
Fixed expenses 20,400
Net operating income $ 5,100
Required:
14. Assume that the amounts of the companys total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $20,400 and the total fixed expenses are $59,500. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage?
Note: Round your answer to 2 decimal places.

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