Reference no: EM131247508
Olso Company prepared the following contribution format income statement based on a sales volume of 1,000 units ( the relevant range of production is 509 units to 1,500 units):
Sales. 21,200
Variable expenses. 12,400
Contribution margin. 8,800
Fixed expenses. 6,952
Net operating income. 1,848
1. what is the contribution margin per unit (round 2 decimal places).
2. what is the contribution margin ratio? (round 2 decimal places)
3. what is the variable expenses ratio?
4. If sales increase to be 1,001 units what would be the increase in net operations income?
5. If sales decline to 900 units, what would be the net operating income?
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: Olso Company prepared the following contribution format income statement based on a sales volume of 1,000 units. what is the contribution margin per unit. what is the contribution margin ratio?
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