1. 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 $ 100,000

Variable expenses 65,000

Contribution margin 35,000

Fixed expenses 30,100

Net operating income $ 4,900

What is the contribution margin per unit? (Round your answer to 2 decimal places.)

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1. What is the contribution margin ratio?

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1. What is the variable expense ratio?

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1. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.)

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1. If sales decline to 900 units, what would be the net operating income? (Round your answer to 2 decimal places.)

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1. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?

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1. If the variable cost per unit increases by $1, spending on advertising increases by $1,900, and unit sales increase by 280 units, what would be the net operating income?

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