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): $ 45,000 31,500 13,500 8,640 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 4,860 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage

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): $ 45,000 31,500 13,500 8,640 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 4,860 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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