Required information The Foundational 15 (Algo) (L06-1, L06-3, L06-4, LO6-5, L06-6, LO6-7, LO6-8) (The following information applies to the questions displayed below) Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 55,000 Variable expenses 33,000 Contribution margin Fixed expenses Met operating income $ 7,040 22,000 14,960 Foundational 6-1 (Algo) Required: 1 What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit