Required information The Foundational 15 (Algo) [LO2-1, LO2-3, LO2-4, LO2-5, LO2-6, LO2-7, LO2-8] [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 $ 15, 000 Variable expenses 9,000 Contribution margin 6, 000 Fixed expenses 3, 120 Net operating income $ 2, 880 Foundational 2-1 (Algo) Required: 1. What is the contribution margin per unit? Note: Round your answer to 2 decimal places. Contribution margin per unitRequired information The Foundational 15 (Algo) [L02-1, L02-3, L02-4, L025, L02-6, L02-7, L02-8] [ The following information applies to the questions displayed below. J Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 15,666 Variable expenses 9,896 Contribution margin 6,80l Fixed expenses 3,128 Net operating income $ 2,886 Foundational 2-2 (Algo) Required: 2. What is the contribution margin ratio? % Required information The Foundational 15 (Algo) [L02-1, L02-3, L02-4, LO2-5, L02-6, L02-7, L02-8] [ The following information applies to the questions dismayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units (the relevant range of production is 500 units to 1.500 units): Sales $ 15,606 Variable expenses 9,868 Contribution margin 6,606 Fixed expenses 3,128 Net operating income 3. 2,88. L Foundational 2-3 (Algo) Required: 3. What is the variable expense ratio? % Required information The Foundational 15 (Algo) [LO2-1, LO2-3, LO2-4, LO2-5, LO2-6, LO2-7, LO2-8] [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 $ 15, 000 Variable expenses 9, 000 Contribution margin 6, 000 Fixed expenses 3, 120 Net operating income $ 2, 880 Foundational 2-4 (Algo) Required: 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. Increase in net operating incomeRequired information The Foundational 15 (Algo) [LO2-1, LO2-3, LO2-4, LO2-5, LO2-6, LO2-7, LO2-8] [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 $ 15, 000 Variable expenses 9,000 Contribution margin 6, 000 Fixed expenses 3, 120 Net operating income $ 2,880 Foundational 2-5 (Algo) Required: 5. If sales decline to 900 units, what would be the net operating income? Note: Round "Per Unit" calculations to 2 decimal places. Net operating incomeThe Foundational 15 (Algo) [L02-1, L02-3, L02-4, L02-5, L02-6, L02-7, LUZ-8] [ The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units (the relevant range of production is 500 units to 1.500 units): Sales $ 15,666 Variable expenses 9,666 Contribution mar'gin 6,666 Fixed expenses 3,126 Net operating income 5;. 2,886 Foundational 2-6 (Algo) Required: 6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units. what would be the net operating income? Note: Round "Per Unit" calculations to 2 decimal places. :1 The Foundational 15 (Algo) [LO2-1, LO2-3, LO2-4, LO2-5, LO2-6, LO2-7, LO2-8] [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 $ 15, 000 Variable expenses 9 , 000 Contribution margin 6, 000 Fixed expenses 3, 120 Net operating income $ 2, 880 Foundational 2-7 (Algo) Required: 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,050, and unit sales increase by 110 units, what would be the net operating income? Note: Round "Per Unit" calculations to 2 decimal places. Net operating incomeRequired information The Foundational 15 (Algo) [L02-1, L02-3, L02-4, L02-5, L02-6, L02-7, L02-8] [ The following information applies to the questions displayed below. ] Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units (the relevant range of production is 500 units to 1,500 units): Sales :6 15,866 Variable expenses 9,896 Contribution mar'gin 6,398 Fixed expenses 3,126 Net operating income $ 2,886 Foundational 2-8 (Algo) Required: 8. What is the break-even point in unit sales? Note: Round intermediate calculations to 2 decimal places. Required information The Foundational 15 {Algo} [L02-1, L02-3, L02-4, L02-5, L02-6, L02-7, L02-8] [The following information applies to the questions displayed below. J 0le Company prepared the following contribution format income statement based on a sales volume oi1,000 units (the relevant range of production is 500 units to 1500 units): Sales $ 15,608 Variable expenses 9,608 Contribution margin 616% Fixed expenses 31126 Net operating income $ 2,888 Foundational 2-9 (Algo) Required: 9. What is the break-even point in dollar sales? Break-even point I Required information The Foundational 15 (Algo) [L02-1, L02-3, L02-4, L02-5, L02-6, L02-7, L02-8] [The following information applies to the questions displayed below] Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units (the relevant range of production is 500 units to 1.500 units): Sales $ 15,666 Variable expenses 9,666 Contribution margin 6,666 Fixed expenses 3,126 Net operating income $ 21886 Foundational 2-10 (Algo) Required: 'IO. How many units must be sold to achieve a target profit of $3.600? Note: Round intermediate calculations to 2 decimal places. Required information The Foundational 15 {Algo} [L02-1, L02-3, L02-4, L02-5, L02-6, L02-7, L02-8] [ The following information applies to the questions displayed below. } Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units {the relevant range of production is 500 units to 1,500 units): Sales is 11668 Var'iable expenses 91666 Contribution mar'gin 618% Fixed expenses 3J129 Net operating income $ 2;?388 Fou ndational 2-11 (Algo) Required: '1. 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 Foundational 15 (Algo) [L02-1, L02-3, L02-4, L02-5, L02-6, L02-7, L02-8] [ The following information applies to the questions displayed below. ] Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units {the relevant range of production is 500 units to 1,500 units): Sales $ 15,868 Variable expenses 9,868 Contribution margin 6,868 Fixed expenses 3,128 Net operating income $ 2,888 Foundational 2-12 (Algo) Required: 12. What is the degree of operating leverage? Note: Round your answer to 2 decimal places. Required information The Foundational 15 (Algo) [L02-1, L02-3, L02-4, L02-5, L02-6, L02-7, L02-8] [The following information applies to the questions displayed below. } Oslo Company prepared the following contribution format income statement based on a sales volume oi1,000 units (the relevant range of production is 500 units to 1500 units): Sales $ 15,869 \\lar'iable expenses 9,806 Contribution margin 6,866 Fixed expenses 3,129 Net operating income $ 2,886 Foundational 2-13 (Algo) Required: 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. %