The income statement for Elite Manufacturing Company for the current year is as follows:

Sales (15,000 units)	$180,000
Variable expenses	100,000
Contribution margin	$ 80,000
Fixed expenses	60,000
Operating income	$ 20,000

What is the contribution margin per unit? (Note: Round answer to two decimal places.)

a.$7.20

b.$1.20

c.$5.33

d.$6.56