1. What is the contribution margin per unit?

2. What is the contribution margin ratio?

3. If sales increase to 1,001 units, what would be the increase in net operating income?

4. If sales decline to 900 units, what would be the net operating income?

5. If the selling price increases by $2 per unit and the sales volume decreased by 100 units, what would be the Net operating income?

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 Contribution margin Fixed expenses Net operating income $ 95,000 57,000 38,000 31,920 $ 6,080