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 |
$ |
25,700 |
| Variable expenses |
|
13,900 |
|
|
|
| Contribution margin |
|
11,800 |
| Fixed expenses |
|
7,788 |
|
|
|
| Net operating income |
$ |
4,012 |
What is the contribution margin per unit (Round to two decimal places) ?
What is the contribution margin ratio (round to two decimal places) ?
|
If the selling price increases by $1.60 per unit and the sales volume decreases by 100 units, what would be the net operating income?
|
What is the break even point in dollar sales?