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Evaluate how many units sold to achieve a target profit

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Reference no: EM132758876

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 $ 20,000
Variable expenses 12,000
Contribution margin 8,000
Fixed expenses 6,000
Net operating income $ 2,000

Required:

Problem 1: How many units must be sold to achieve a target profit of $5,000?

Reference no: EM132758876

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