Chapter 6 Foundational 156 15 Saved Part 15 of 15 0.88. points ellook Print References Required Information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [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 Foundational 6-15 (Algo) $75,000 45,000 30,000 22,800 $ 7,200 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 $22.800 and the total fixed expenses are $45,000. 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.) increase in net operating income Chapter 6 Foundational 15 14 Seved Part 14 of 15 0.83 points Required Information The Foundational 15 (Algo) (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [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 $75,000 elfook Print variable expenses 45,000 Contribution margin 30,000 Fixed expenses 22,000 References Net operating income $7,200 Foundational 6-14 (Algo) 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 $22.800 and the total fixed expenses are $45.000. 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 Chapter 6 Foundational 15 Saved 13 Part 13 of 15 0.83 points 0 Required Information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [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 $75,000 Variable expenses 45,000 Contribution margin 30,000 www Fixed expenses 22,500 Net operating income $7,200 Foundational 6-13 (Algo) 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 Chapter 6 Foundational 15 12 Saved Part 12 of 15 0.83 points Required Information The Foundational 15 (Algo) (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [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 $ 75,000 45,000 30,000 Free 22,800 Net operating incone $7,200 Foundational 6-12 (Algo) 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Chapter 6 Foundational 15 11 Saved Part 11 of 15 0.83 points look Required Information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] (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 $ 75,000 45,000 30,000 22,800 ferences Net operating incoee $7,200 Print Foundational 6-11 (Algo) 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 Chapter 6 Foundational 15 10 Saved Part 10 of 15 0.83 points Book Required Information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [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 $75,000 45,000 30,000 22,800 References Net operating income $ 7,200 Contribution margin Fixed expenses Foundational 6-10 (Algo) 10. How many units must be sold to achieve a target profit of $18,000? Number of units Chapter 6 Foundational 15 9 Saved Part 9 of 15 0.83 points Required Information The Foundational 15 (Algo) [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8] [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 $ 75,000 flock 45,000 30,000 P 22,800 Net operating incone 57,200 Foundational 6-9 (Algo) 9. What is the break-even point in dollar sales? Breakeven point