
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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![22:47
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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
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$ 90,000
49,500
40,500
33,210
$ 7,290
4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decima
places.)
Increase in net operating incoma
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Transcribed Image Text:22:47
You received no credit for this question in the previous attempt.
i
49%
View previous attempt
Ch
Required information
[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
Contribution margin
Fixed expenses
Net operating income
$ 90,000
49,500
40,500
33,210
$ 7,290
4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decima
places.)
Increase in net operating incoma
L
a
%
4
< Prev
15
of 15
Next >
4
W
E
R
T
Y
U
27
S
D
F
G
H
K
L
=
C
V
B
N
M
O
<
୮
P
Pa
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