Required informetion The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] The fallowing information applies to the questions displinyed below] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units q the relevant range of production is 500 units to 1.500 units): Foundational 613 (Algo) 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result frocn a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) Required information The Foundational 15 (Algo) \{LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) (The following information appoies to the questions displayed below) Osio Company prepared the following contrbution format income stanement based on a sales volume of 1,000 units fthe relevant range of production is 500 units to 1,500 units): Foundational 6-14 (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 $8,680 and the total foxed expenses are $26,000. Under this scenario and assuming that total sales teman the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6.6, LO6-7, LO6-8] [The following information applies to the questions disp(ayed below) Osio Company prepared the following contribution format income statement based on a sales volume of 1,000 units fthe relevant range of production is 500 units to 1,500 units): Foundational 6-15 (Algo) 15. Assume that the amounts of the company's total variable expenses and total foxed expenses were reversed. In other words. assume that the total variable expenses are $8,680 and the total foxed expenses are $26,000. 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.)
