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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

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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 Variable expenses $23,300 13,100 Contribution margin Fixed expenses 10,200 7,548 Net operating income $ 2,652

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