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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
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 | $ | 20,000 |
Variable expenses | 13,000 | |
Contribution margin | 7,000 | |
Fixed expenses | 3,780 | |
Net operating income | $ | 3,220 |
If sales decline to 900 units, what would be the net operating income
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