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 Fixed expenses Net operating income $ 24,800 13,600 11,200 7,728 $ 3,472 Required: What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit 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 Fixed expenses Net operating income 20,300 12.100 8,200 6,232 1,968 $ Required: What is the contribution margin ratio? (Round your answer to 2 decimal places.) Contribution margin ratio % 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 Fixed expenses Net operating income 24,200 13,400 10,800 7,668 3,132 $ Required: What is the variable expense ratio? (Round your answer to 2 decimal placet.) Variable expense ratio % 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 Fixed expenses Net operating income 24,800 13,600 11,200 7,728 3,472 $ Required: If sales increased to 1001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) Increase in net operating Income Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units): $ Sales Variable expenses Contribution margin Fixed expenses Net operating income 25,100 13,700 11,400 7,752 3,648 $ Required: If sales declined to 900 units, what would be the net operating income? (Do not round intermediate calculations.) Net operating income 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 1500 units): $ Sales Variable expenses Contribution margin Fixed expenses Net operating income 20,300 12,100 8,200 6.232 1,968 $ Required: If the selling price increased by $2.10 per unit and the sales volume decreased by 100 units, what would be the net operating income? (Do not round intermediate calculations.) Net operaling income 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 Fixed expenses Net operating income 22,100 12,700 9,400 7,708 1,692 $ Required: If the variable cost per unit increased by $0.80, spending on advertising increased by $1,300, and unit sales increased by 250 units, what would be the net operating income? (Do not round intermediate calculations.) Net operating income 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 Fixed expenses Net operating income 25,400 13,800 11,600 7.772 3,828 $ Required: What is the break-even point in unit sales? (Do not round intermediate calculations.) Break even point units Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units) $ Sales Variable expenses Contribution margin Fixed expenses Net operating income 23,300 13,180 10,200 7,548 2,652 $ Required: What is the break-even point in sales dollars? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Break-even point 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 Fixed expenses Net operating income 21,800 12,600 9,200 7,452 1,748 $ Required: How many units must be sold to achieve a target profit of $5,474? (Do not round intermediate calculations.) Number of 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 Variable expenses Contribution margin Fixed expenses Net operating income 20, 300 12 100 8,200 6,232 1,968 $ Required: a. What is the margin of safety in dollars? (Do not round intermediate calculations.) Margin of safety b. What is the margin of safety percentage? Margin of nalety 96 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 Fixed expenses Net operating income 21,500 12,500 9,000 7,200 1,800 $ Required: What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage 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 Fixed expenses Net operating income 23,000 13,000 10,000 8,500 1,500 $ Required: Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 4% Increase in sales? (Do not round intermediate calculations, Round your answer to 2 decimal places.) Percent increase in net operating income %
