Che Required information The Foundational 15 [LO5-1, LO5-3, LO5-4, L05-5, LO5-6, LO5-7, LO5-8) (The following information applies to the questions displayed below) Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units) Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 10,000 5,500 4,500 2,250 $ 2,250 Foundational 5-6 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? Net operating income 6 7 8 15 of 17 Next > Required information The Foundational 15 [L05-1, L05-3, L05-4, L05-5, LO5-6, LO5-7, L05-8) [The following information applies to the questions displayed below) Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units) $ 10,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 4.500 2,250 Foundational 5.7 7. If the variable cost per unit increases by $1. spending on advertising increases by $1,000, and unit sales increase by 100 units, what would be the net operating income? Net operating income