Business
Business, 20.11.2020 16:50, Seaport

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 $ 80,000Variable expenses 52,000Contribution margin 28,000Fixed expenses 21,840Net operating income $6,1601. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?2. If the variable cost per unit increases by $1, spending on advertising increases by $1,700, and unit sales increase by 240 units, what would be the net operating income?3. What is the break-even point in unit sales?4. What is the break-even point in dollar sales?5. How many units must be sold to achieve a target profit of $16,800?

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Oslo Company prepared the following contribution format income statement based on a sales volume of...

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