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 $ $20,000$

Variable expenses $13,000$

contribution margin $7000$

Net operating income $ $3,220$

$6.$ If the selling price increases by $$2$ per unit and the sales volume decreases by $100$ units, what would be the net operating income?

Answer rating: 100% (QA)

To calculate the net operating income under the new scenario we need to adjust the sales rev... View the full answer