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Required information (The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format income statement based on a sales volume

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Required information (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 Variable expenses Contribution margin Fixed expenses Net operating income $ 20,000 13,000 7,000 3,780 $ 3,220 5. If sales decline to 900 units, what would be the net operating income? Net operating income $ 93

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