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Required information [The following Information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales

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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 $ 70,000 38,500 31,500 23,310 Net operating income $ 8,190 Required: 12. What is the degree of operating leverage? Note: Round your answer to 2 decimal places. Degree of operating leverage

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