10. How many units must be sold to achieve a target profit of $16,800 ? (Round intermediate calculations to 2 decimal places.) 15. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $21,840 and the total fixed expenses are $52,000. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) 11. What is the margin of safety in dollars? What is the margin of safety percentage? 9. What is the break-even point in dollar sales? Foundational 6-3 (Algo) 3. What is the variable expense ratio? 8. What is the break-even point in unit sales? (Round intermediate calculations to 2 decimal places.) 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) 5. If sales decline to 900 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.) 4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales increase by 240 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.) Foundational 6-2 (Algo) 2. What is the contribution margin ratio? 6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.) 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result from a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) Required information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO65, LO6-6, LO6-7, 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 1,000 units (the relevant range of production is 500 units to 1,500 units): Foundational 6-1 (Algo) Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) 14. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $21,840 and the total fixed expenses are $52,000. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.)