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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
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 1,0 relevant range of production is 500 units to 1,500 units): 12. What is the degree of operating leverage? Note: 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 relevant range of production is 500 units to 1,500 units): 9. What is the break-even point in dollar sales? 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): 5. If sales decline to 900 units, what would be the net operating income? Note: Round "Per Unit" calculations 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): 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,300, and unit sales increase by 160 units, what Nould be the net operating income? Note: Round "Per Unit" calculations 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 volum relevant range of production is 500 units to 1,500 units): 2. What is the contribution margin ratio? 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): If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? ote: Round "Per Unit" calculations 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): 8. What is the break-even point in unit sales? Note: Round intermediate calculations 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): 5. Assume the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume the otal variable expenses are $8,680 and the total fixed expenses are $26,000. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in unit sales? Note: Round your intermediate calculations and final 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): Required: 1. What is the contribution margin per unit? Note: 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 relevant range of production is 500 units to 1,500 units): 10. How many units must be sold to achieve a target profit of $8,400 ? Note: Round intermediate calculations 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): 14. Assume the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume the total variable expenses are $8,680 and the total fixed expenses are $26,000. Under this scenario and assuming total sales remain the same, what is the degree of operating leverage? Note: 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): 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income that would result from a 5% increase in unit sales? Note: Round your intermediate calculations and final 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 relevant range of production is 500 units to 1,500 units): 3. What is the variable expense ratio? 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 1,0 relevant range of production is 500 units to 1,500 units): 11. What is the margin of safety in dollars? What is the margin of safety percentage? 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): 4. If sales increase to 1,001 units, what would be the increase in net operating income? Note: Round your answer to 2 decimal places
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