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Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units (the relevant range of production is 500 units to
Oslo Company prepared the following contribution format income statement based on a sales volume of1,000 units (the relevant range of production is 500 units to 1,500 units): Sales 32 21, 800 Variable expenses 12, 600 Contribution margin 9, 200 Fixed expenses 1452 Net operating income $ 1, WIS Required: If sales increased to 1,001 units, what would be the increase in net operating income? {Round your answer to 2 decimal places.)
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