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 Required: 8. What is the break-even point in unit sales? Note: Round intermediate calculations to 2 decimal places. Break-even point $ 30,000 16,500 13,500 7,830 $ 5,670 units
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 Required: 8. What is the break-even point in unit sales? Note: Round intermediate calculations to 2 decimal places. Break-even point $ 30,000 16,500 13,500 7,830 $ 5,670 units
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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