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[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

[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 $ 22,100
Variable expenses 12,700
Contribution margin 9,400
Fixed expenses 7,708
Operating income $ 1,692

Required:

1. What is the contribution margin per unit? (Round your answer to 2 decimal places.)

[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 $ 22,100
Variable expenses 12,700
Contribution margin 9,400
Fixed expenses 7,708
Operating income $ 1,692

2. What is the contribution margin ratio? (Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34)).

[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 $ 22,100
Variable expenses 12,700
Contribution margin 9,400
Fixed expenses 7,708
Operating income $ 1,692

6. If the selling price increases by $1.80 per unit and the sales volume decreases by 100 units, what would be the operating income? (Do not round intermediate calculations.)

[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 $ 22,100
Variable expenses 12,700
Contribution margin 9,400
Fixed expenses 7,708
Operating income $ 1,692

8. What is the break-even point in unit sales? (Do not round intermediate calculations.)

Required information

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[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 $ 22,100
Variable expenses 12,700
Contribution margin 9,400
Fixed expenses 7,708
Operating income $ 1,692

9. What is the break-even point in dollar sales? (Round intermediate calculations to 4 decimal places. Round your answer to the nearest dollar amount.)

Required information

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[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 $ 22,100
Variable expenses 12,700
Contribution margin 9,400
Fixed expenses 7,708
Operating income $ 1,692

10. How many units must be sold to achieve a target profit of $5,546? (Do not round intermediate calculations.)

Required information

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[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 $ 22,100
Variable expenses 12,700
Contribution margin 9,400
Fixed expenses 7,708
Operating income $ 1,692

11-a. What is the margin of safety in dollars? (Do not round intermediate calculations.)

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