Question
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$25,000Variable expenses17,500Contribution margin7,500Fixed expenses4,200Net operating income$3,300
8. What is the break-even point in unit sales?
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$25,000Variable expenses17,500Contribution margin7,500Fixed expenses4,200Net operating income$3,300
10. How many units must be sold to achieve a target profit of $4,500?
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