[The following Information applles 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 Varlable expenses $23,300 13,100 Contribution margin Flxed expenses 10,200 7,548 Net operating Income $ 2,652 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit 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 3. What is the variable expense ratio? Round your percentage answer to 2 decimal places (i.e .1234 should be entered as 12.34) Variable expense ratio 4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) Increase in net operating income 5. If sales decline to 900 units, what would be the net operating income? (Do not round intermediate calculations.) Net operating income 6. If the selling price increases by $2.10 per unit and the sales volume decreases by 100 units, what would be the net operating income (Do not round intermediate calculations.) Net operating income 7. If the variable cost per unit increases by $1.10, spending on advertising increases by $1,600, and unit sales increase by 250 units, what would be the net operating income? (Do not round intermediate calculations.) et operating income 8. What is the break-even point in unit sales? (Do not round intermediate calculations.) Break-even point units 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 10. How many units must be sold to achieve a target profit of $6,426? (Do not round intermediate calculations.) Number of units 2. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 3% increase in sales? Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e.1234 should be entered as 12.34) Increase in net operating income