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Chec 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 $ 90,000 49,500 40, 500 33,210 $ 7,299 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit relevant range of production is 500 units to 1,50 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 90,000 49,500 40,500 33,210 $ 7,290 2. What is the contribution margin ratio? Contribution margin ratio %