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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 $26,000
Variable expenses 14,000
Contribution margin 12,000
Fixed expenses 7,800
Net operating income $4,200
Required:
Problem 1: What is the break-even point in sales dollars? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)
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