pter 6 Homework 10 1 10 of 15 Required information The Foundational 15 (LO6-1, LO6-3, L06-4, LO6-5, L06-6, LO6-7, L06-8) [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): 3 Sales Variable expenses Contribution margin Fixed expenses Het operating income $ 25,000 17.500 7,500 4,200 Foundational 6-10 10. How many units must be sold to achieve a target profit of $4,500? Number of units Seved ter 6 Homework 11 11 of 15 Required information The Foundational 15 [L06-1, LO6-3, L06-4, L06-5, L06-6, L06-7, L06-8) (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): AK Sales Variable expenses Contribution margin led expenses Net operating income $ 25,000 17,500 7,500 4,200 $3,300 Foundational 6-11 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentage 0 15 Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, L06-6, LO6-7, LO6-8) [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 Wet operating Income $ 25,000 1. So 1,500 6200 $3,300 Foundational 6-12 12. What is the degree of operating levetage? (Round your answer to 2 decimal places.) Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) 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 Varkable expenses Contribution margin Fixed expenses Not operating income 5. 25,000 12,500 7.500 $3,500 Foundational 6-13 3. Using the degree of operating leverage. what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in rotoperating income Saved 6 Homework Required information The Foundational 15 [L06-1, LO6-3, L06-4. LO6-5, L06-6, LO6-7, LO6-8) {The following information applies to the questions displayed below. 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) 15 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 25,000 17.500 7,500 4,200 3),300 nice Foundational 6-14 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 $4,200 and the total fixed expenses are $17500. 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 5 The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) 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) ofts Sales Variable expenses Contribution sayin Fixed expenses Het operatin Income $ 25,000 17.00 7.500 4,20 $3.300 Foundational 6-15 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 $4,200 and the total fixed expenses are $17.500. Given this scenario and assuming that total sales remain the same. Using the degree of calculated operating leverage. what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) operating in