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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 $ 20,900
Variable expenses 12,300
Contribution margin 8,600
Fixed expenses 6,708
Net operating income $ 1,892
If sales increase to 1,001 units, what would be the increase in net operating income?
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