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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 $ 85,000 59,500 25,500 20,400 $ 5,100 2. What is the contribution margin ratio? Contribution margin ratio %

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