what s the contribuition margin per unit? What is the contribuition margin ratio? and what is the variable expense ratio?

mt 1 (Ch1,2) 50 pts Saved Required information [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 $ 65,000 45,500 19,500 14.840 $ 5,460 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.) Contribution margin per unit $ 19.50 Required information [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 $ 65,000 45,500 19,500 14,040 $ 5,460 . What is the contribution margin ratio? Contribution margin ratio Required information 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 Variable expenses Contribution margin Fixed expenses Net operating income $ 65,000 45,500 19,500 14,040 $ 5,460 3. What is the variable expense ratio? Variable expense ratio