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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

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 $ 24,200
Variable expenses 13,400
Contribution margin 10,800
Fixed expenses 7,668
Net operating income $ 3,132
1.

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

2.

What is the contribution margin ratio? Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34)

4.

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

5.

If sales decline to 900 units, what would be the net operating income? (Do not round intermediate calculations.)

6.

If the selling price increases by $2.40 per unit and the sales volume decreases by 100 units, what would be the net operating income (Do not round intermediate calculations.)

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