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Please help me I am about to go crazy. Required information The Foundational 15 (L06-1, LO6-3,...


Required information The Foundational 15 (L06-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, L06-8) The following information applies
Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) (The following information applies
Required information The Foundational 15 (L06-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) (The following information applies
Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) (The following information applies
Required information The Foundational 15 (L06-1, LO6-3, L06-4, LO6-5, LO6-6, LO6-7, LO6-8) [The following information applies
Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, L06-6, LO6-7, LO6-8) [The following information applies
Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) (The following information applies
Required information The Foundational 15 (L06-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) {The following information applies
Required information The Foundational 15 (L06-1, LO6-3, L06-4, LO6-5, LO6-6, LO6-7, LO6-8) (The following information applies
Required information The Foundational 15 (L06-1, LO6-3, LO6-4, LO6-5, L06-6, LO6-7, LO6-8) The following information applies
Required information The Foundational 15 (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) The following information applies
Please help me I am about to go crazy.
Required information The Foundational 15 (L06-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, L06-8) 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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-5 5. If sales decline to 900 units, what would be the net operating income? Net operating income
Required information The Foundational 15 (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 Pixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-6 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 (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): Sales Variable expenses Contribution margin Pixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-7 7. If the variable cost per unit increases by $1. spending on advertising increases by $1,500, and unit sales increase by 200 units, what would be the net operating income? Net operating income
Required information The Foundational 15 (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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-8 8. What is the break-even point in unit sales? Break-even point units
Required information The Foundational 15 (L06-1, 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 Fixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-9 9. What is the break-even point in dollar sales? Break-even point
Required information The Foundational 15 (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): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-10 10. How many units must be sold to achieve a target profit of $12,600? Number of units
Required information The Foundational 15 (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 Pixed expenses Net operating income $ 60,000 39.000 21,000 14,700 $ 6,300 Foundational 6-11 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 %
Required information The Foundational 15 (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): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-12 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
Required information The Foundational 15 (L06-1, 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 Fixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-13 13. Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income %
Required information The Foundational 15 (L06-1, 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): Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-14 14. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $14,700 and the total fixed expenses are $39,000. Under this scenario and assuming that total sales remain the same, what is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
Required information The Foundational 15 (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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-15 15. Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. In other words, assume that the total variable expenses are $14,700 and the total fixed expenses are $39,000. Given this scenario and assuming that total sales remain the same. Using the degree of calculated operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales? (Round your intermediate calculations and final answer to 2 decimal places.) Increase in net operating income %
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ReportAnswer #1

Question 1:-

Based on the information available, we can answer as follows:-

Particulars Amount
Sales(60,000/1,000 * 900)                                    54,000
Less:- Variable expenses (39,000/1,000 * 900)                                    35,100
Contribution Margin                                    18,900
Less:- Fixed expenses                                    14,700
Net Operating Income                                      4,200

Kindly note that i have answered the first question per the Chegg answering guidelines. Request you to post the remaining question separately so that we can answer them as well. All the best and please let me know if you have any questions via the comments section .

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