4 Part 2 of 15 1 points eBook Print Required information The Foundational 15 (Algo) [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8] [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 Het operating income $ 20,000 13,000 7,000 3,780 $3,220 References Foundational 5-2 (Algo) 2. What is the contribution margin ratio?" Contribution margin ratio: Che