The Foundational 15 [LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, 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 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses $ 85,000 59,500 25,500 20,400 Net operating income $ 5,100 Foundational 6-1 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Contribution margin per unit $ 25.00