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WILL UPVOTE IF BOTH ARE DONE!! 13 Required information {The following information applies to the questions displayed below) Oslo Company prepared the following contribution format
WILL UPVOTE IF BOTH ARE DONE!!
13 Required information {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): Part 13 of 15 Sales Variable expenses Contribution margin Fixed expenses Net operating Income $100,000 65,000 35,000 30,100 $ 4,900 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income 14 Required information The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format Income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units Part 14 of 15 Sales Variable expensen Contribution margin Tixed expenses Net operating income $100,000 65,000 35,000 10.100 $ 4,900 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 $30,100 and the total fixed expenses are $65.000. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Step by Step Solution
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