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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
| 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): |
Â
| Â | Â | Â |
| Sales | $ | 25,400 |
| Variable expenses | Â | 13,800 |
| Â | ||
| Contribution margin | Â | 11,600 |
| Fixed expenses | Â | 7,772 |
| Â | ||
| Net operating income | $ | 3,828 |
| Â | ||
Â
| Required: |
| If sales increase to 1,001 units, what would be the increase in net operating income? |
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