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Question - 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 $21,200
Variable expenses 12,400
Contribution margin 8,800
Fixed expenses 6,952
Net operating income $1,848
Required - How many units must be sold to achieve a target profit of $5,324?
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