Transcribed image text: ! 15 Required information The Foundational 15 (Algo) (LO6-1, LO6-3, LO6-4, 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 1,000 units (the relevant range of production is 500 units to 1,500 units): k Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 105,000 73,500 31,500 27,720 $ 3,780 ces Foundational 6-1 (Algo) Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit $ 630.00 5 Required information The Foundational 15 (Algo) (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 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Pixed expenses Net operating income $ 105,000 73,500 31,500 27.720 $ 3,780 Foundational 6-2 (Algo) 2. What is the contribution margin ratio? Contribution margin ratio 3 of 15 Required information The Foundational 15 (Algo) (LO6-1, L06-3, L06-4, LO6-5, L06-6, LO 6-7, 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): Salos $ 105,000 Variable expenses 73,500 Contribution margin 31,500 Fixed expenses 27.220 Net operating income $ 3,780 Book conces Foundational 6-3 (Algo) 3. What is the variable expense ratio? Variable expense ratio % + 4 of 15 Required information The Foundational 15 (Algo) (L06-1, LO6-3, LO6-4, 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): Book Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 105,000 73,500 31,500 27,220 $ 3,780 Print rences Foundational 6-4 (Algo) 4. If soles 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 45 of 15 Required information The Foundational 15 (Algo) (L06-1, LO6-3, LO6-4, 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 1,000 units (the relevant range of production is 500 units to 1,500 units); Es Book Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 105,000 23,500 31,500 27,720 $ 3,780 Print rences Foundational 6-5 (Algo) 5. If sales decline to 900 units, what would be the net operating income? Net operating income ! 15 Required information The Foundational 15 (Algo) (LO6-1, LO6-3, LO6-4, 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 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 $ 105,000 73,500 31,500 27, 220 $ 3,780 ses Foundational 6-6 (Algo) 6. If 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 Required information The Foundational 15 (Algo) (LO6-1, L06-3, LO6-4, L06-5, 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 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 105,000 Variable expenses 73,500 Contribution margin 31,500 Fixed expenses 27. 720 Net operating income $ 3, 780 Foundational 6-7 (Algo) 7. If the variable cost per unit increases by $1. spending on advertising increases by $1,950, and unit sales increase by 290 units, what would be the net operating income? Nel operating income of 15 Required information The Foundational 15 (Algo) (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 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 105,000 Variable expenses 73,500 Contribution margin 31,500 Fixed expenses 27.720 Net operating income $ 3,780 ook ant onces Foundational 6-8 (Algo) 8. What is the break-even point in unit sales? Breakeven point units of 15 Required information The Foundational 15 (Algo) (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): Book Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 105,000 73,500 31,500 27,720 $ 3,780 rint rences Foundational 6-9 (Algo) 9. What is the break-even point in dollar sales? Break-even point of 15 Required information The Foundational 15 (Algo) (LO6-1, LO6-3, L06-4, 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); look Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 105,000 73,500 31,500 27, 220 $ 3,780 rint rences Foundational 6-10 (Algo) 10. How many units must be sold to achieve a target profit of $18,900? Number of units