7 Part 7 of 15 062 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 expens Contribution margin Fixed expenses Net operating income $ 80,000 52,000 28,000 21,840 56,160 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? Answer is complete but not entirely correct. Net operating income 40,280 Mc Graw Hill < Prev 78 9 15 of 16 Next > Return to question 8 00 Required information Help Save & Exit Submit Part 8 of 15 0.62 points Book Print References [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 Het operating incone 8. What is the break-even point in unit sales? $80,000 52,000 28,000 21,840 $ 6,160 Break-even point units Check my work Chapter 5 Homework 9 Required information Seved Part 9 of 15 0.62 points Book Pont [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 Het operating income $ 80,000 52,000 28,000 21,840 $6,160 9. What is the break-even point in dollar sales? Break-even point Help Save & Exit Submit Check my work 10 10 Check my work Part 10 of 15 0.62 points eBook Pri References 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 Incone $80,000 52,000 28,000 21,840 $6,160 10. How many units must be sold to achieve a target profit of $16,800? Number of unds 10 " 12 Nex> 11 Part 11 of 15 0.62 points Book Print References 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 $ 80,000 52,000 20,000 21,840 56,160 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 16 Nex> Check my work 12 Part 12 of 15 0.62 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 $80,000 52,000 28,000 21,840 Net operating income $ 6,160 Fixed expenses Book Print References 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Check my work 13 Part 13 of 15 0.62 points eflook Print References 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 $ 80,000 $2,000 28,000 21,840 $6,160 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.) increase in net operating income bubmit Check my work 14 Part 14 of 15 0.62 points wBook Print 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 Het operating income $ 80,000 52,000 28,000 21,840 $6,160 Reference 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.) Degree of operating leverage Check my work 15 Part 15 of 15 0.62 points eBook Print References 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 $ 80,000 52,000 28,000 21,840 $6,160 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.) inomase in net operating income Check my wor