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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 to 1,500 units):

Sales	$	35,000
Variable expenses		21,000
Contribution margin		14,000
Fixed expenses		8,400
Net operating income	$	5,600

9. What is the break-even point in dollar sales?

10. How many units must be sold to achieve a target profit of $8,400?

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

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