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 $ 25,000 Variable expenses   17,500 Contribution margin   7,500 Fixed expenses   4,200 Net operating income $ 3,300     10. How many units must be sold to achieve a target profit of $4,500?

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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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 $ 25,000
Variable expenses   17,500
Contribution margin   7,500
Fixed expenses   4,200
Net operating income $ 3,300
 

 

10. How many units must be sold to achieve a target profit of $4,500?

 

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