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): Foundational 6-4 (Static) 4. If sales increase to 1,001 units, what would be the 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): Foundational 6-5 (Static) 5. If sales decline to 900 units, what would be the 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] Osio 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): Foundational 6-6 (Static) 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? 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): Foundational 6-7 (Static) 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,500, and unit sales increase by 250 units, what would be the 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] Osio 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): Foundational 6-8 (Static) 8. What is the break-even point in unit sales? 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): Foundational 6-9 (Static) 9. What is the break-even point in dollar sales? 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): Foundational 6-10 (Static) 10. How many units must be sold to achieve a target profit of $5,000 ? 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] Osio 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): Foundational 6-11 (Static) 11. What is the margin of safety in dollars? What is the margin of safety percentage
