art 1 of 15 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) pints Sport Sales Variable expenses Contribution margin Fixed expenses Het operating Incona $ 90,000 49.500 40,500 33, 210 $ 7,290 oflook fance Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin porn Net operating income eBook Print References 2. What is the contribution margin ratio? Contribution margin ratio % IS kipped Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40,500 33, 210 $ 7,290 eBook Print 3. What is the variable expense ratio? eferences Variable expense ratio % Che 15 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): Good Sales Variable expenses Contribution margin Tixed expenses Het operating income $ 90,000 49,500 40,500 33,210 $7,290 look cos 4.If sales increase to 1.001 units, what would be the increase in net operating Income? (Round your answer to 2 decimal places.) Incronse in not operating income Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40,500 33, 210 $ 7,290 5. If sales decline to 900 units, what would be the net operating income? s Net operating income One Contribution margin Fixed expenses Net operating income 40,500 33, 210 $ 7,290 rences 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? Not operating income 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 Tixed expenses Bet operating income $ 90,000 49,500 40,500 33, 210 5 7,290 OR ht 7. If the variable cost per unit increases by $1. spending on advertising increases by $1,800, and unit sales increase by 260 units, what would be the net operating Income? Niet operating income Oslo Company prepared the following contribution format income statement based on a sale relevant range of production is 500 units to 1,500 units): 1 points eBook Sales Variable expenses Contribution margin Fixed expenses Het operating income $ 90,000 49,500 40,500 33,210 $ 7,290 Print References 8. What is the break-even point in unit sales? Break-even point units Oslo Company prepared the following contribution format income statement based o relevant range of production is 500 units to 1,500 units): 1 points Sales Variable expenses Contribution margin Fixed expenses Net operating income eBook $ 90,000 49,500 40,500 33, 210 $ 7,290 Print References 9. What is the break-even point in dollar sales? Break-even point points Block Sales Variable expenses Contribution margin Fixed expenses Het operating theme $ 90,000 59.500 40,500 31,210 $ 7,290 10. How many units must be sold to achieve a target pront of $24.3007 Number of units of 15 [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income ok $ 90,000 49,500 40,500 33,210 $ 7,290 ht ances 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage 13 015 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): hits eBook Sales Variable expenses Contribution margin Fixed expenses Het operating income $ 90,000 49,500 40,500 33, 210 $ 7,290 Print References 13. 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.) Increase in not operating income 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 expensen Net operating income $ 90,000 49,500 40,500 33.210 $ 7.290 nes 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 $33.210 and the total fixed expenses are $49,500. 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 fevernon hipped Sales Variable expenses Contribution margin Fixed expenses Het operating Income $ 90,000 49,500 40.500 33, 210 5 7.290 Book Pre froncos 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 $33,210 and the total fixed expenses are $49,500. 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.) Increase in net operating Income