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 $ 22,100 12,700 9,400 7,708 $ 1,692 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit 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. 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 $ 22,100 12,700 9,400 7,708 $ 1,692 % 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 3. What is the variable expense ratio? (Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34)). Variable expense ratio $ 22,100 12,700 9,400 7,708 $ 1,692 % 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 $ 22,100 12,700 Increase in operating income 9,400 7,708 $ 1,692 4. If sales increase to 1,001 units, what would be the increase in operating income? (Round your answer to 2 decimal places.) 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 $ 22,100 12,700 9,400 7,708 $ 1,692 5. If sales decline to 900 units, what would be the operating income? (Do not round intermediate calculations.) Operating income 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 $ 22,100 12,700 Operating income 9,400 7,708 $1,692 6. If the selling price increases by $1.80 per unit and the sales volume decreases by 100 units, what would be the operating income? (Do not round intermediate calculations.) 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 $ 22,100 12,700 9,400 7,708 $ 1,692 7. If the variable cost per unit increases by $0.80, spending on advertising increases by $1,300, and unit sales increase by 250 units, what would be the operating income? (Do not round intermediate calculations.) Operating income 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 8. What is the break-even point in unit sales? (Do not round intermediate calculations.) Break-even point $ 22,100 12,700 9,400 7,708 $ 1,692 units 15 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 $ 22,100 12,700 Break-even point 9,400 7,708 $ 1,692 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.) 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 $22,100 12,700 Number of units 9,400 7,708 $ 1,692 10. How many units must be sold to achieve a target profit of $5,546? (Do not round intermediate calculations.)