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ch2 [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of

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[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) Required: 1. What is the contribution margin per unit? Note: Round your onswer to 2 decimal places. 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) Required: 2. What is the contribution margin ratio? Required informotion [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based an a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Required: 3. What is the variable expense ratio? 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) Required: 4. If sales increase to 1,001 units, what would be the increase in net operating income? Note: Round your answer to 2 decimal places. 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) Required: 5 If sales decline to 900 units, what would be the net operating income? Note: Round "Per Unit" calculations to 2 decimal places. 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): equired: If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? lote: Round "Per Unit" calculations to 2 decimal places. 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) equired: If the variable cost per unit increases by $1, spending on advertising increases by $1.750, and unit sales increase by 250 units, whiz ould be the net operating income? ote: Round "Per Unit" calculations to 2 decimal ploces. 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). Required: 8. What is the break-even point in unit sales? Note: Round intermediate calculations to 2 decimal places. 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) Required: 9. What is the break-even point in dollar sales? 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) Required: 10. How many units must be sold to achieve a target profit of $15.300 ? Note: Round intermediate calculations to 2 decimal places. 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) Required: 11. What is the margin of safety in dollars? What is the margin of safety percentage? 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) Required: 12. What is the degree of operating leverage? Note: Round your answer to 2 decimal places. 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): Required: 3. Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result from a or increase in unit sales? lote: Round your intermediate calculations and final answer to 2 decimal places. 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): equired: Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume at the total variable expenses are $20,400 and the total foxed expenses are $59,500 Under this scenario and assuming that total ales remain the same, what is the degree of operating leverage? ote: Round your answer to 2 decimal places. 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): Required: 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 $20,400 and the total fixed expenses are $59,500. Using the degree of operating everage, what is the estimated percent increase in net operating income of a 5% increase in unit sales? Note: Round your intermediate calculations and final answer to 2 decimal places

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