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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

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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 1000 units the relevant range of production is 500 units to 1500 units); Sales Variable expenses Contribution margin Fixed expenses Operating income $ 20,000 12,000 8.00 6. $ 2,000 14. Assume that the amounts of the company's total vanable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $6,000 and the total fixed expenses are $12.000. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? Degree of operating leverage

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