Required Information [The following information applies to the questions displayed below) Oslo Company prepared the...
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Required Information [The following information applies to the questions displayed below) 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 Variable expenses contribution margin Fixed expenses Net operating income $ 50,000 27,500 22,500 14,850 $ 7,050 11. What is the margin of safety in dollars? What is the margin of safety percentage? Margin of safety in dolars Margin of safety percentage
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