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):

1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution Margin per unit:__________ 2. What is the contribution margin ratio? Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34). Contribution Margin Ratio: __________% 3. What is the variable expense ratio? Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34). Variable expense ratio: ____________% 4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) Increase in net operating income:_________ 5. If sales decline to 900 units, what would be the net operating income? (Do not round intermediate calculations.) Net operating income: _________ 6. If the selling price increases by $1.70 per unit and the sales volume decreases by 100 units, what would be the net operating income? (Do not round intermediate calculations.) Net operating income:___________ 7. If the variable cost per unit increases by $.70, spending on advertising increases by $1,200, and unit sales increase by 250 units, what would be the net operating income? (Do not round intermediate calculations.) Net operating income:___________ 8. What is the break-even point in unit sales? (Do not round intermediate calculations.) Break-even point:___________ units 9. What is the break-even point in dollar sales? (Round intermediate calculations to 4 decimal places. Round your final answer to the nearest dollar amount.) Break-even point:___________

10. How many units must be sold to achieve a target profit of $7,714? (Do not round intermediate calculations.)

Number of units: __________

11. What is the margin of safety in dollars? (Do not round intermediate calculations.)

Margin of safety: __________

12. What is the margin of safety percentage? (Round your final answers to the nearest whole percentage (i.e, .12 should be entered as 12).)

Margin of safety:__________%

Sales Varlable expenses $25,400 13,800 Contribution margin Flxed expenses 11,600 7,772 Net operating Income 3,828