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3. please help. thank you Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range

3. please help. thank you
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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 3. What is the variable expense ratio? Variable expense ratio %

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