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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Provide correct answer general accounting

Transcribed Image Text: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
$22,400
12,800
Contribution margin 9,600
Fixed expenses
7,968
Net operating income $1,632
What is the degree of operating leverage?
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