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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 | $ 20,000 |
---|---|
Variable expenses | 13,000 |
Contribution margin | 7,000 |
Fixed expenses | 3,780 |
Net operating income | $ 3,220 |
Foundational 6-6 (Algo)
6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?(Round "Per Unit" calculations to 2 decimal places.)
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