Required information The Foundational 15 (Algo) (LO6-1, LO6-3, L06-4, LO6-5, LO6-6, L06-7, LO6-8] (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 Variable expenses Contribution margin Fixed expenses Net operating income $50,000 22,500 22,500 14,850 $ 7,650 Foundational 6-7 (Algo) 7 the variable cost per unit increases by $1. spending on advertising increases by $1,400, and unit sales increase by 180 units, what would be the net operating income? Not operating income ! Required information The Foundational 15 (Algo) (L06-1, LO6-3, LO6-4, L06-5, L06-6, LO6-7, LO6-8) 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 58,000 27,500 22,500 14,850 $ 7,650 Foundational 6-8 (Algo) 8. What is the break even point in unit sales? Brook even point units ! Required information The Foundational 15 (Algo) [LO6-1, L06-3, L06-4, LO6-5, L06-6, L06-7, L06-8] [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 50,000 27,500 22,500 14,850 $ 7,650 Foundational 6-9 (Algo) 9. What is the break even point in dollar sales? Break ovon point Required information The Foundational 15 (Algo) (LO6-1, LO6-3, L06-4, LO6-5, LO6-6, LO6-7, LO6-8] 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 1500 units) Sales Variable expenses Contribution martin Fixed expenses Het operating income $ 50,000 22,500 22,500 14,850 Foundational 6-10 (Algo) 10. How many units must be sold to achieve a target profit of $13.500? Number of units Required information The Foundational 15 (Algo) (L06-1, LO6-3, L06-4, LO6-5, LO6-6, LO6-7, LO6-8) 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 1500 units) Sales Variable expenses Contribution margin Fixed expenses Net operating Income $ 50,000 27, See 22,5ee 16,850 $ 7,650 Foundational 6-11 (Algo) 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 % 15 Required information The Foundational 15 (Algo) [LO6-1, L06-3, L06-4, LO6-5, L06-6, LO6-7, LO6-8) [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) 212 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 50,000 27,500 22,500 14,850 $ 7,650 ces Foundational 6-12 (Algo) 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating foverage ! Required information The Foundational 15 (Algo) (L06-1, LO6-3, L06-4, LO6-5, L06-6, LO6-7, LO6-8) 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 Variable expenses Contribution margin Fixed expenses Net operating Incone $50,000 27,500 22,500 14,850 $ 7,650 Foundational 6-13 (Algo) 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income O Required information The Foundational 15 (Algo) [LO6-1, L06-3, L06-4, LO6-5, L06-6, LO6-7, LO6-8] 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 1500 units) Sales Variable expenses Contribution margin Fixed expenses Net operating Incone $50,000 27,500 22,500 14,850 $ 7,650 Foundational 6-14 (Algo) 11. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $14,850 and the total fixed expenses are $27,500 Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage (Round your answer to 2 decimal places.) Degree of operating leverage ! Required information The Foundational 15 (Algo) (LO6-1, LO6-3, L06-4, LO6-5, LO6-6, LO6-7, LO6-8) 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 Variable expenses Contribution margin Fixed expenses Net operating income $50,000 27,500 22,500 14,850 $ 7,650 Foundational 6-15 (Algo) 15. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $14,850 and the total fixed expenses are $27,500. Using the degree of operating leverage, what is the estimated percent Increase in net operating income of a 5% increase in unit sales? (Round your intermediate calculations and final answer to 2 decimal places.) increase in net operatog income %