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 relevant range of production is 500 units to 1,500 units) Sales Variable expensen Contribution margin Fixed expenses Net operating income $ 45,000 31,500 13,500 3,640 $4,860 3. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase ales? (Round your intermediate calculations and final answer to 2 decimal places.) Answer is complete but not entirely correct. Increase in not operating income 0.14 % Required information (The following information applles 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 Tixed expenses Het operating income 545,000 31.500 13,500 0.640 34.160 4. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume hat the total variable expenses are $8,640 and the total fixed expenses are $31,500. Under this scenario and assuming that total sales emain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.) 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 15. 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 $8,640 and the total fixed expenses are $31,500. 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.) non not operating incom