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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

image text in transcribed 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): 5. Assume the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume the tal variable expenses are $27,720 and the total fixed expenses are $73,500. Using the degree of operating leverage, what is the stimated percent increase in net operating income of a 5% increase in unit sales? ote: Round your intermediate calculations and final answer to 2 decimal places

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