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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 Foundational 6-2 (Algo) $ 75,000 45,000 30,000 22,800 $ 7,200 2. What is the contribution margin ratio? Contribution margin ratio %
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 Foundational 6-3 (Algo) 3. What is the variable expense ratio? Variable expense ratio $ 75,000 45,000 30,000 22,800 $ 7,200
[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 $ 75,000 45,000 Increase in not operating incomo 30,000 22,800 $ 7,200 Foundational 6-4 (Algo) 4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.)
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 $ 75,000 45,000 30,000 22,800 $ 7,200 Foundational 6-5 (Algo) 5. If sales decline to 900 units, what would be the net operating income? Not operating income
of 11 nd [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 $ 75,000 45,000 30,000 22,800 $ 7,200 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? Not operating incoma
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 $ 75,000 45,000 Not operating income 30,000 22,800 $ 7,200 Foundational 6-7 (Algo) 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,650, and unit sales increase by 230 units, what would be the net operating income?
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 Foundational 6-8 (Algo) $ 75,000 45,000 30,000 22,800 $ 7,200 8. What is the break-even point in unit sales? Break-oven point units
[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 $ 75,000 45,000 30,000 22,800 $ 7,200 L86-6, L06-7, LO6-8) Foundational 6-9 (Algo) 9. What is the break-even point in dollar sales? Break-even paint
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 Foundational 6-10 (Algo) $ 75,000 45,000 30,000 22,800 $ 7,200 10. How many units must be sold to achieve a target profit of $18,000? Number of units m
[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 margini Fixed expenses Net operating income $ 75,000 45,000 30,000 22,800 $. 7,200 Foundational 6-11 (Algo) 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars Margin of safety percentage %