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 $ 45,000 31,500 13,500 8,640 $ 4,860 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentago 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 $ 45,000 31,500 13,500 8,640 $ 4,860 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage 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 $ 45,000 31,500 13,500 8,640 $ 4,860 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% Increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) % Increase in net operating Income