Question: IThe 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

 IThe following information applies to the questions displayed below. Oslo Company

IThe 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 $24,800 13,600 11,200 7728 S 3,472 Required information 5. If sales decline to 900 units, what would be the net operating income? (Do not round intermediate calculations.) et operating income

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