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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
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 Contribution margin $ 65,000 45,500 19,500 14,040 Net operating income: $ 5,460 Fixed expenses Foundational 5-11 (Algo) 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentage 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 Contribution margin $ 65,000 45,500 19,500 14,040 Net operating income $ 5,460 Fixed expenses Foundational 5-12 (Algo) 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage below.] 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 $ 65,000 Variable expenses Contribution margin. Fixed expenses 45,500 19,500 14,040 Net operating income $ 5,460 Foundational 5-13 (Algo) 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result from a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income %
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