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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

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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 $ 85,000 59,500 25,500 20,400 $ 5,100 Required: 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

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