Question
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 $ 24,200 Variable expenses 13,400 Contribution margin 10,800 Fixed expenses 7,668 Net operating income $ 3,132 1. If sales decline to 900 units, what would be the net operating income? (Do not round intermediate calculations.) 2. If the selling price increases by $2.40 per unit and the sales volume decreases by 100 units, what would be the net operating income? (Do not round intermediate calculations.) 3. What is the break-even point in unit sales? (Do not round intermediate calculations.) 4. What is the break-even point in dollar sales? (Round intermediate calculations to 4 decimal places. Round your final answer to the nearest dollar amount.) 5. How many units must be sold to achieve a target profit of $6,966? (Do not round intermediate calculations.)
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