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Required information The Foundational 15 (Algo) (LO5-1, L05-3, LO5-4, LO5-5, LO5-6, LO5-7, L05-8) [The following information applies to the questions displayed below.) Oslo Company prepared

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Required information The Foundational 15 (Algo) (LO5-1, L05-3, LO5-4, LO5-5, LO5-6, LO5-7, L05-8) [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): Salom Variable expenses Contribution margin Fixed expenses Net operating income $ 60,000 39,000 21,000 14.700 $6.300 Foundational 5-14 (Algo) 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 $14.700 and the total fixed expenses are $39,000. 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

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