FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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[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
Break-even point
$ 30,000
16,500
Required:
8. What is the break-even point in unit sales?
Note: Round intermediate calculations to 2 decimal places.
units
13,500
7,830
$ 5,670
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Transcribed Image Text:! 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 Break-even point $ 30,000 16,500 Required: 8. What is the break-even point in unit sales? Note: Round intermediate calculations to 2 decimal places. units 13,500 7,830 $ 5,670
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