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Olso Company prepared the following contribution income statement based on a sales volume of 1,000 unit (the relevant range of production is 500 units to

Olso Company prepared the following contribution income statement based on a sales volume of 1,000 unit (the relevant range of production is 500 units to 1,500 units):

Sales $40,000
Variable expense 26,000
contribution margin 14,000
Fixed expenses 8,680
Net operating Income $5,320

Questions 8: What is the break-even point in sales?

Questions 9: What is the break-even point in dollar sales?

Questions 10: How many units must be sold to achieve a target profit of $8,400?

Questions 11: Whats is the margin of safety in dollars? What is the margin of safety percentage?

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