Mgr. Acct. Chapter 5 Foundational 15 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 en Contribution margin $20,000 12,000 8,000 Fixed expenses 6,000 Net operating income $2,000 1. What is the contribution margin per unit? dvertising 2. What is the contribution ratio? to achieve a target profit of $5,0007 3. What is the variable expense ratio?lars? What is the margin of 4. If sales increase to 1,001 units, what would be the increases in net operating income? ar to the degree of operating leve rease in net operating incor degre of Increase in net 5. If sales decline to 900 units, what would be the net operating income? come of 6. If the selling process increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? 14. "Assume that the amounts of the company's total variat and total fixed expenses were reversed. In other words, as fived

Oslo Company prepared the following contribution format income statement based on a tales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): 1. What is the contribution margin per unit? 2. What is the contribution ratio? 3. What is the variable expense ratio? 4. If sales increase to 1,001 units, what would be the increases in net operating income? 5. If sales decline to 900 units, what would be the net operating income? 6. If the selling process increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? Oalo 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): 1. What is the contribution margin per unit? 2. What is the contribution ratio? 3. What is the variable expense ratio? 4. If sales increase to 1,001 units, what would be the increases in net operating income? 5. If sales decline to 900 units, what would be the net operating income? 6. If the selling process increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income