Required information The Foundational 15 (Static) (LO6-1, L06-3, 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 $ 20,000 12,000 8,000 6,000 $ 2,000 Foundational 6-1 (Static) Required: 1. What is the contribution margin per unit? Contribution margin per unit Required information The Foundational 15 (Static) (LO6-1, 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 $ 20,000 12,000 8,000 6,000 $ 2,000 Foundational 6-2 (Static) 2. What is the contribution margin ratio? Contribution margin ratio 0 Required Information The Foundational 15 (Static) (L06-1, LO6-3, LO6-4, 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 $ 20,000 Variable expenses 12,000 Contribution margin 8,000 Fixed expenses 6,000 Net operating income $ 2,000 Foundational 6-3 (Static) 3. What is the variable expense ratio? Variable expense ratio % ! Required information The Foundational 15 (Static) (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 $ 20,000 Variable expenses 12,000 Contribution margin 8,000 Fixed expenses 6,000 Net operating income $2,000 Foundational 6-4 (Static) 4. If sales increase to 1,001 units, what would be the increase in net operating income? Increase in net operating Income ! Required information The Foundational 15 (Static) (LO6-1, LO6-3, LO6-4, 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 $ 20,000 Variable expenses 12,000 Contribution margin 8,000 Fixed expenses 6,000 Net operating income $ 2,000 Foundational 6-5 (Static) es 5. If sales decline to 900 units, what would be the net operating income? Nat operating income