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1-4 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
1-4
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 | $ | 25,000 |
Variable expenses | 17,500 | |
Contribution margin | 7,500 | |
Fixed expenses | 4,200 | |
Net operating income | $ | 3,300 |
|
What is the contribution margin per unit?
What is the contribution margin ratio?
What is the variable expense ratio?
f sales increase to 1,001 units, what would be the increase in net operating income?
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