Transcribed Image Text: Required information [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

Transcribed Image Text: Required information
[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
$ 10,000
5,500
Variable expenses
Contribution margin
Fixed expenses
4,500
2,250
Net operating income
$4
2,250
4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.)
Increase in net operating income

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