5 ! Part 5 of 15 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 95,000 57,000 38,000 31,920 $ 6,080 5. If sales decline to 900 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.) Answer is complete but not entirely correct. Net operating income $ (54,720) 6 ! Part 6 of 15 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 95,000 57,000 38,000 31,920 $ 6,080 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.) Answer is complete but not entirely correct. Net operating income $ 49,680 7 ! Part 7 of 15 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 Variable expenses Contribution margin Fixed expenses Net operating income. $ 95,000 57,000 38,000 31,920 $ 6,080 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,850, and unit sales increase by 270 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.) Answer is complete but not entirely correct. Net operating income $ 3,230x 15 ! Part 15 of 15 0.76 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 95,000 57,000 38,000 31,920 $ 6,080 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 $31,920 and the total fixed expenses are $57,000. 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.) Answer is complete but not entirely correct. Increase in net operating income 519.34%