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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
[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 Operating income $ 21,800 12,600 9,200 7,452 $ 1,748 2. What is the contribution margin ratio? (Round your percentage answer to 2 decimal places (i.e.1234 should be entered as 12.34)). Contribution margin ratio [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 Operating income $21,800 12,600 9,200 7,452 $1,748 6. If the selling price increases by $1.90 per unit and the sales volume decreases by 100 units, what would be the operating income? (Do not round intermediate calculations.) Operating income [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 Operating income $ 21,800 12,600 9,200 7,452 $1,748 8. What is the break-even point in unit sales? (Do not round intermediate calculations.) Break-even point units 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 $21,000 12,606 Contribution margin Fixed expenses 9,200 7,452 Operating income $ 1,748 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.) Break even point [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 Operating income $ 21,800 12,600 9,200 7,452 $1,748 10. How many units must be sold to achieve a target profit of $5,474? (Do not round intermediate calculations.) Number of units 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 Operating income $ 21,800 12,600 9,200 7,452 $ 1,748 11-a. What is the margin of safety in dollars? (Do not round intermediate calculations.) Margin of safety 11-b. What is the margin of safety percentage? (Round your final answer to the nearest whole percentage (ie, .12 should be entered as 12).) Margin of safety %
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