Question: 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

 Oslo Company prepared the following contribution format income statement based on

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 $ 22,400 12,800 9,600 7.968 $ 1,632 Required: If the selling price increased by $170 per unit and the sales volume decreased by 100 units, what would be the net operating income? (Do not round intermediate calculations.) Net Operating income

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