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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

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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, 600 27,500 22,500 14,850 $ 7,650 Required: 1. What is the contribution margin per unit? (Round answer to 2 decimal places.) Contribution margin pet unit

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