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please show work! Required information [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on
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Required information [The following information applies to the questions displayed 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40,500 33,210 $ 7,290 5. If sales decline to 900 units, what would be the net operating income? Net operating income Required information [The following information applies to the questions displayed 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40,500 33, 210 $ 7,290 7. If the variable cost per unit increases by $1. spending on advertising increases by $1,800, and unit sales increase by 260 units, what would be the net operating income? Net operating income 0 Required information The following information applies to the questions displayed below.) 10 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 Pixed expenses Net operating income $ 90,000 49,500 40,500 33,210 $ 7,290 8. What is the break-even point in unit sales? Breakeven point units NECK my w Required information The following information applies to the questions displayed 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 1500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40.500 33.210 $ 7,290 9. What is the break-even point in dollar sales? Break-even point Required information (The following information applies to the questions displayed 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 Variable expenses Contribution margin Tixed expenses Net operating income $ 90,000 49.500 40.500 33.210 $ 7,290 10. How many units must be sold to achieve a target profit of $24,300? Ses Number of units Check my won 0 Required information {The following information applies to the questions displayed 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49.500 40,500 33.210 $ 7,290 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income % Ch 0 Required information (The following information applies to the questions displayed 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40,500 33, 210 $ 7,290 14. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $33.210 and the total fixed expenses are $49,500. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage 110 Required information The following information applies to the questions displayed 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 Variable expenses Contribution margin Tixed expenses Net operating income $ 90,000 49,500 40,500 33,210 $ 7,290 ces 15. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $33,210 and the total fixed expenses are $49,500. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income % Step by Step Solution
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