and question 15 15. Assume the amounts of the companys total variable expenses and total...
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and question 15
15. Assume the amounts of the companys total variable expenses and total fixed expenses were reversed. In other words, assume the total variable expenses are $4,200 and the total fixed expenses are $17,500. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in unit sales?
Required information The Foundational 15 (Algo) [LO5-1, LO5-2, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7] [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): oundational 5-14 (Algo) 4. Assume the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume the tal variable expenses are $4,200 and the total fixed expenses are $17,500. Under this scenario and assuming total sales remain the ame, what is the degree of operating leverage? lote: Round your answer to 2 decimal places
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