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

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Required information The Foundational 15 (Algo) [LO5-1, LOS-3, LO5-4, LO5-5, LO5-6, LO5-7, LOS-8] [The following information applies to the questions displayed bolow] Oslo Company prepared the following contribution format income statement bused on a sales volume of 1,000 units fhe relevant range of production is 500 units to 1,500 units): Foundational 5-13 (Algo) 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income that wouid result fom n 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.)

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