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0 Required information The following information applies to the questions displayed below Oslo Company prepared the following contribution format income statement based on a sales

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0 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 40,000 26,000 14,000 8,680 $ 5,320

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