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Accounting

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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 $ 95,000
Variable expenses 57,000
Contribution margin 38,000
Fixed expenses 31,920
Net operating income $ 6,080
4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.)

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