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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$55,000
Variable expenses33,000
Contribution margin22,000
Fixed expenses14,960
Net operating income $7,040
10. How many units must be sold to achieve a target profit of $13,200?
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