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Required information Skip to question [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on

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[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 $ 100,000
Variable expenses 65,000
Contribution margin 35,000
Fixed expenses 30,100
Net operating income $ 4,900

10. How many units must be sold to achieve a target profit of $21,000?

11. What is the margin of safety in dollars? What is the margin of safety percentage?

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