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Oslo Company prepared the following contribution format income statement based on a sales volume of 1 , 0 0 0 units ( the relevant range

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 $ 85,000
Variable expenses 59,500
Contribution margin 25,500
Fixed expenses 20,400
Net operating income $ 5,100
Required:
1. What is the contribution margin per unit? (Round your answer to 2 decimal places.)

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