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 Pixed expenses Net operating income $ 55,000 33,000 22,000 14,960 $ 7,040 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,450, and unit sales increase by 190 units, what would be the net operating income? Net 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 expensen Contribution margin Fixed expenses Net operating income $ 55,000 33,000 22.000 14,960 $ 7,040 8. What is the break-even point in unit sales? Break-even point units ! 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 $ 55,000 Variable expenses 33,000 Contribution margin 22,000 Fixed expenses 14,960 Net operating income $ 7.040 9. What is the break-even point in dollar sales? Break-even point 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 Pixed expenses Net operating income $ 55,000 32,000 22,000 14,960 $ 7,040 10. How many units must be sold to achieve a target profit of $13,200? Number of units ! 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 $ 55,000 33,000 22,000 14.960 $ 7,040 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 % 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 1000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Pixed expenses Net operating income $ 55,000 33,000 22,000 14,960 $ 7,040 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
