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abruzzese [7]
3 years ago
10

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

nge of production is 500 units to 1,500 units): Sales $ 70,000 Variable expenses 38,500 Contribution margin 31,500 Fixed expenses 23,310 Net operating income $ 8,190 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
Business
1 answer:
BabaBlast [244]3 years ago
6 0

Answer:

See

Explanation:

Sales volume = 1,000 units

Selling price = $70,000/1,000 = $70

Variable cost = $12,000/1000 = $12

900 units

Contribution margin income statement

Sales (900 × $72)

$64,800

Less:

Variable expenses (900 × $12)

($10,800)

Contribution margin

$54,000

Less:

Fixed expenses

($23,310)

Net Operating income

$30,690

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Difference between Private and public Company company
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3 years ago
Oscar owns a building that is destroyed in a hurricane. His adjusted basis in the building before the hurricane is $130,000. His
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Answer:

That is $2,000 loss

Explanation:

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3 years ago
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xeze [42]

Answer:

The correct answer to the following question is option B) both statements i and ii are correct.

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