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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 1,000 units (the relevant range of production is 500 units to 1.500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $10,000 5,500 4,500 2.250 $ 2.250 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): $ 10,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 10. How many units must be sold to achieve a target profit of $2,700? 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 Pixed expenses Net operating income $ 10,000 5.500 4.500 2.250 $ 2.250 11. What is the margin of safety in dollars? What is 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 1,000 units (the relevant range of production is 500 units to 1,500 units): $ 10,000 5,500 Sales Variable expenses Contribution margin Fixed expenses Net operating income 4,500 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
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