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	$	23,600
Variable expenses		13,200
Contribution margin		10,400
Fixed expenses		7,592
Net operating income	$	2,808

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

2.	What is the contribution margin ratio? (Enter your answer as a percentage rounded to 2 decimal places (i.e., 0.13579 should be entered as 13.58).)

3.	What is the variable expense 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.	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.)

6.

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

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

7.

How many units must be sold to achieve a target profit of $6,604? (Do not round intermediate calculations.)

8.	What is the degree of operating leverage? (Round your answer to 2 decimal places.)