Ivanhoe Company makes 2 products, sleep masks and sleep socks. Additional information follows: Units Sales Variable costs Fixed costs Net income Profit per unit Sleep Masks Sleep Masks Sleep Socks 5,500 $105,000 50,990 23,760 $30,250 $5.50 Sleep Socks 4,000 $70,000 22,000 24,000 $24,000 Compute the Contribution margin per unit. (Round answers to 2 decimal places, e.g. 15.25.) $6.00 Contribution margin per unit

Ivanhoe Company makes 2 products, sleep masks and sleep socks. Additional information follows: Compute the Contribution margin per unit. (Round answers to 2 decimal places, eg. 15.25.)