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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

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 $ 105,000
Variable expenses 73,500
Contribution margin 31,500
Fixed expenses 27,720
Net operating income $ 3,780

5. If sales decline to 900 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.)

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