15 Required information The Foundational 15 (Static) [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8) [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): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12,000 8,000 6,000 $ 2,000 Foundational 5-4 (Static) 4. If sales increase to 1,001 units, what would be the increase in net operating income? Increase in net operating income 0 Required information The Foundational 15 (Static) (L05-1, LO5-3, L05-4, LO5-5, LO5-6, LO5-7, LO5-8] [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): Sales $ 20,000 Variable expenses 12.000 Contribution margin Fixed expenses 6,000 Net operating income 8,800 $ 2, eee Foundational 5-7 (Static) 2. If the variable cost per unit increases by $1. spending on advertising increases by $1,500, and unit sales increase by 250 units, what would be the net operating income? Not operating income $ 6,250