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Oslo company prepared the following contribution format

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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 $ 20,000    
Variable expenses
12,000    



Contribution margin
8,000    
Fixed expenses
6,000    



Net operating income $ 2,000    




Required:
If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?
  Net operating income $   

Reference no: EM13588283

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