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Determine what would be the net operating income

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Reference no: EM132586780

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$25,000

Variable expenses 17,500

Contribution margin 7,500

Fixed expenses 4,200

Net operating income$3,300

Question 1: If sales decline to 900 units, what would be the net operating income?

Reference no: EM132586780

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