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[The following information applies to the questions displayed below.] Oslo Company prepared the following contribution...

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Accounting

[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 $ 100,000 Variable expenses 65,000 Contribution margin 35,000 Fixed expenses 30,100 Net operating income $ 4,900 Required: 1. What is the contribution margin per unit? (Round your answer to 2 decimal places.)

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