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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
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 $ 95, eee 57.ee 38,600 31,920 $ 6,80 13. 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.) Increase in net operating income 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 $ 95,eee 57.eee 38,00 31,920 $ 6.80 14. 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 $31.920 and the total fixed expenses are $57,000. Under this scenario and assuming that total sales remain the same. 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 $ 95, eee 57,600 38,6ee 31,92 Net operating income $ 6,90 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 $31,920 and the total fixed expenses are $57,000. 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.) Increase in net operating income
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