! 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 Operating income $ 24,500 13,500 11,000 7,700 $ 3,300 2. What is the contribution margin ratio? (Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34)). Contribution margin ratio % 9. What is the break-even point in dollar sales? (Round intermediate calculations to 4 decimal places. Round your answer to the nearest dollar amount.) Break-even point