2 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 $ 20,000 12,000 8,000 6,000 $ 2,000 5. sales decline to 900 units, what would be the net operating incomo? Nel operating income ances 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 $ 20,000 12,000 8,800 6,000 $ 2,000 6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating incomo? Not operating income 10 0 Part 8 of 12 0.66 points 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 $ 20,000 Variable expenses 12,080 Contribution margin 8,000 Fixed expenses 6,000 Net operating income $ 2,000 eBook Print 9. What is the break-even point in dollar sales? Break oven point $ 6.000 References 5 HW 12 1 Part 10 of 12 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): 0.66 points Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12,000 8,000 6,000 $ 2,000 Book Print 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentage References 13 . Part 11 of 12 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): 0.66 points Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12,000 8,000 6,000 $ 2,000 eBook Print 12. What is the degree of operating leverage? Degree of operating leverage References Ch5 HW Saved Help 14 0 Part 12 of 12 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): 0.66 points Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12,000 8,000 6,800 $ 2,000 eBook Print 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? References Increase in net operating incomo %