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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
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 $ 60,000 39,000 21,000 14,700 $ 6,300 10. How many units must be sold to achieve a target profit of $12,600? (Round intermediate calculations to 2 decimal places.) Number of 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 60,000 39,000 21,000 14,700 $6,300 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dollars) Margin of safety percentage 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 $ 60,000 39,000 21,000 14,700 Net operating income $6,300 Fixed expenses 12. What is the degree of operating leverage? (Round your answer to 2 decimal places.) Degree of operating leverage
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