The Foundational 15 (Algo) (L06-1, LO6-3, L06-4, LO6-5, L06-6, L06-7, LO6-8) [The following information applies...
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The Foundational 15 (Algo) (L06-1, LO6-3, L06-4, LO6-5, L06-6, L06-7, LO6-8) [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Tixed expenses Net operating income $ 20,000 13,000 7,000 3, 780 $ 3,220 Foundational 6-12 (Algo) 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating loverage
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