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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

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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 to 1,500 units) Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 25,400 13,800 11,600 7,772 $ 3,828 47.51 Required: If sales increased to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) Increase in net operating incomo

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