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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 of
[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): Sales Variable expenses Contribution margin Fixed expenses Operating income $ 20,000 12,000 8,000 6,000 $ 2,000 ssume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, me that the total variable expenses are $6,000 and the total fixed expenses are $12,000. Under this scenario and assuming that ales remain the same, what is the degree of operating leverage? e of operating leverage
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