1 Part 1 of 15 . 0.62 points eBook Prin References Sever Required information [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 $80,000 $2,000 Variable expenses Contribution margin Fixed expenses 28,000 21,940 Bet operating income $ 4,160 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places) Contribution margin per unit Next > Help Save & Exit Submit Check my work 2 Part 2 of 15 0.62 points Book Pron References 0 Required information [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 $80,000 Variable expenses 52,000 Contribution margin Fixed expenses 28,000 21,840 Bet operating income $ 6,160 2. What is the contribution margin ratio? Contribution margin ratio Check my 3 Part 3 of 15 0.62 points ellook References Mc Graw Required information [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 $ 80,000 52,000 Variable expenses Contribution margin Fixed expenses 28.000 21,840 $6.160 Net operating income 3. What is the variable expense ratio? Variable expense ratio 15 of 16 Next Prev 00 345 Check my work 4 Part 4 of 15 0.62 points look Pront Perences Required information (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 $ 80,000 52,000 Contribution margin 28,000 Fixed expenses 21,840 Net operating income 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 Check my work LO 5 Part 5 of 15 0.62 points Book Pirk References Mc Graw Required information [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 $80,000 Variable expenses 52.000 28,000 Contribution margin Fixed expenses 21,840 Net operating incom 16,160 5. If sales decline to 900 units, what would be the net operating income? Net operating income < Prev 5 6. m 15 Next > of 16 Check my work 6 Part 6 of 15 0.62 points Book Pint Puterences Required information (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 $80,000 Variable expenses 52,000 28,000 Contribution margin Fixed expenses 21,840 Net operating income $6,160 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 Check my work Chapter 5 Homework 7 Part 7 of 15 0.62 points *Book Pive References Help Save & Ext Submit Check my work Sever Required information [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 $80,000 52,000 Variable expenses 28.000 Contribution margin Tixed expenses 21,840 Net operating income $6,160 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales increase by 240 units, what would be the net operating income? feet operating income