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Required informationThe Foundational 15 (Algo) [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8] Skip to question [The following information applies to the questions displayed below.] Oslo

Required informationThe Foundational 15 (Algo) [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8]Skip to question

[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 $ 85,000
Variable expenses 59,500
Contribution margin 25,500
Fixed expenses 20,400
Net operating income $ 5,100

Foundational 5-9 (Algo)

9. What is the break-even point in dollar sales?

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