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Accounting Required information The Foundational 15 (L06-1, LO6-3, L06-4, LO6-5, LO$ 6, LO6-7, L06-8] [The following...


Required information The Foundational 15 (L06-1, LO6-3, L06-4, LO6-5, LO$ 6, LO6-7, L06-8] [The following information applies
Accounting
Required information The Foundational 15 (L06-1, LO6-3, L06-4, LO6-5, LO$ 6, LO6-7, L06-8] [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 $ 60,000 39,000 21,000 14,700 $ 6,300 Foundational 6-6 6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? Net operating income
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Net Operating Income $ 6,000 Working Notes: Income Statement Sales $ 55,800 Variable Expenses $ 35,100 Contribution Margin $

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