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Required information Skip to question [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on
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[The following information applies to the questions displayed below.]
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 | $ 75,000 |
---|---|
Variable expenses | 45,000 |
Contribution margin | 30,000 |
Fixed expenses | 22,800 |
Net operating income | $ 7,200 |
7. If the variable cost per unit increases by $1, spending on advertising increases by $1,650, and unit sales increase by 230 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.)
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