ACC-2020 Ch 6 Homework Service x (O Secure l https:/ t 8 Flashcard Saved Help Seve & Exit Submit 6 Homework Check my work 15 Required information The following information applies to the questions displayed below] ert 15 of 15 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) oints 105,000 31,5e0 $ 3,780 Contribution margin Fixed expenses Net operating Income 15. Assume that the amounts of the company's total variable expenses and total foxed expenses were reversed In other words, assume that the total variable expenses are $27,720 and the total foxed expenses are $73,500. Given this scenario and assuming that total sales remain the same. Using the degree of caiculated operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) Etter 15 or 23 Next >