Required information The following information applies to the questions displaye

Question

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 1000 units (the relevant range of production is 500 units to 1,500 units) Sales Variable expenses Contribution margin Fixed expenses Net operating income $35,000 ,808 14,806 8,400 21 variable cost per unit increases by $t, spending on advertising increases by $1,250, and unit sales increuse by t50 unts, what would be the net operating income? Prov here to search

Explanation / Answer

Calculate net operating income :

Sales (1150*35) 40250 Variable cost (1150*22) -25300 Contribution margin 14950 Fixed cost -9650 Net operating income 5300

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