Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, L06-5, LO6-6, LO6-7, 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 1,000 units (th relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 12.000 8,000 6,000 $ 2,000 Sundational 6-1 equired: What is the contribution margin per unit? Contribution margin per unit Foundational 6-2 2. What is the contribution margin ratio? Contribution margin ratio % Foundational 6-3 3. What is the variable expense ratio? Variable expense ratio 00 Foundational 6-4 4. If sales increase to 1,001 units, what would be the increase in net operating income? Increase in net operating income Foundational 6-5 5. If sales decline to 900 units, what would be the net operating income? Net operating income Foundational 6-6 5. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? Not operating income Foundational 6-7 7. If the variable cost per unit increases by $1. spending on advertising increases by $1500, and unit sales increase by 250 units, what would be the net operating income? Not operating income Foundational 6-8 8. What is the break-even point in unit sales? Break even point units Foundational 6-9 9. What is the break-even point in dollar sales? Break-even point