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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); $ 20,000 12,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income 8,000 6,000 $ 2,000 4. If sales increase to 1,001 units, what would be the increase in net operating income? Increase in net operating income
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