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The Foundational 15 [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8] [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution
The Foundational 15 [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8] [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) $ 75,000 45,000 Sales Variable expenses Contribution margin Fixed expenses 30,000 22,800 $ 7,200 Net operating income Foundational 5-12 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage 4.17
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