! 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): Sales Variable expenses Contribution margin. Fixed expenses Net operating income. $ 50,000 27,500 Degree of operating leverage 22,500 14,850 $7,650 12. What is the degree of operating leverage? Note: Round your answer to 2 decimal places.
! 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): Sales Variable expenses Contribution margin. Fixed expenses Net operating income. $ 50,000 27,500 Degree of operating leverage 22,500 14,850 $7,650 12. What is the degree of operating leverage? Note: Round your answer to 2 decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![es
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):
Sales
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$ 50,000
27,500
Degree of operating leverage
22,500
14,850
$7,650
12. What is the degree of operating leverage?
Note: Round your answer to 2 decimal places.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fae52a321-e4f7-42c1-9b95-b76b3188cce0%2F69b9bfbd-e5d4-494a-8618-99303649a8b5%2Fci68aoj_processed.png&w=3840&q=75)
Transcribed Image Text:es
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):
Sales
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$ 50,000
27,500
Degree of operating leverage
22,500
14,850
$7,650
12. What is the degree of operating leverage?
Note: Round your answer to 2 decimal places.
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