The Foundational 15 (L06-1, LO6-3, L06-4, L06-5, L06-6, 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): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 95, eee 57.000 38,000 31,920 $ 6,080 Foundational 6-10 10 How many units must be sold to achieve a target profit of $22,800? Number of units e Tuuluun LVO-1, LUO), LUO, LUO-3, LUO"O, LUO", LUOO [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 1500 units) Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 95,000 57,000 38,00 31,920 $6,888 Foundational 6-11 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Check The Foundational 15 (LO6-1, LO6-3, L06-4, 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 1000 units (the relevant range of production is 500 units to 1,500 units) Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 95,000 57. eee 38,000 31,920 $ 6,080 Foundational 6-12 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage Check my work #tre UNUIT LUULUU LUVY, LUU, LUU, LUULUU (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 Net operating income $ 95,000 57.000 38,000 31,920 $ 6,080 Foundational 6-13 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) Those in not 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 Net operating income $ 95, eee 57,000 38,000 31,920 $ 6,080 Foundational 6-14 14. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $31,920 and the total fixed expenses are $57,000 Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating loverage
