$!$

Required information

The Foundational $15($Algo$)[$LO$2-1,$ LO$2-3,$ LO$2-4,$ LO$2-5,$ LO$2-6,$ LO$2-7,$ LO$2-8]$

$[$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$)$:

$\backslash$table$[$

$[$Sales$,$$$75,000$

Variable expenses $$45,000$

Contribution Margin $$30,000$

Fixed expenses $$22,800$

Net operating income $$7,200$

What is the contribution margin per unit?

Note: Round your answer to $2$ decimal places