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): 3. Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result from a Wincrease in unit sales? lote: Round your intermediate calculations and final answer to 2 decimal places. Required information [The following information applies fo 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): 14. Assume the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume the total variable expenses are $14,040 and the total fxed expenses are $45,500. Under this scenario and assuming total sales remain the same, what is the degree of operating leverage? Note: Round your answer to 2 decimal places. 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): 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 $14,040 and the total fixed expenses are $45,500. Using the degree of operating leverage, what is the timated 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. The Cheyenne Hotel in Big Sky, Montana, recorded its total electrical costs and number of occupancy-days over the last year. An occupancy-day represents a room rented for one day. The hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. Required: 1. Using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. Note: Do not round your intermediate calculations. Round your Variable cost answer to 2 decimal places and Fixed cost element answer to nearest whole dollar amount