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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 Variable expenses Contribution margin Fixed expenses Net operating income $ 100,000 65,000 35,000 30,100 $ 4,900 Required: 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? Contribution margin ratio % What is the break-even point in unit sales? Break-even point units Ba? What is the break-even point in dollar sales? Break-even point How many units must be sold to achieve a target profit of $21,000? Number of units
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