[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 $ 75,000 45,00 30,000 22,800 $ 7,200 Homework 4 1 Required Information The Foundational 15 [LO5-1, LO5-3, L05-4, LO5-5, LO5-6, L05-7, LO5-8] The following information applies to the questions displayed below) Oslo Company prepared the following contribution format income statement based on a relevant range of production is 500 units to 1,500 units): Part 1 of 4 12 points Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 75,000 45, 30, cee 22,800 $ 7,200 eBook References Foundational 5-1 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit 40 MI Graw Prov a Type here to search