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[ The following information applies to the questions displayed below. ] Oslo Company prepared the following contribution format income statement based on a sales volume
The following information applies to the questions displayed below.
Oslo Company prepared the following contribution format income statement based on a sales volume of units the relevant range of production is units to units:
Sales $
Variable expenses
Contribution margin
Fixed expenses
Net operating income $
Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result from a increase in unit sales? Round your intermediate calculations and final answer to decimal places.
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