The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, 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 $ 20,000 12,000 8,000 6,000 $ 2,000 5. If sales decline to 900 units, what would be the net operating income? Net operating income 6Af the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? Net operating income 7. If the variable cost per unit increases by $1, spending on advertising increases by $1.500, and unit sales increase by 250 units, what would be the net operating income? Net operating Income 8. What is the break-even point in unit sales? Break-even point units