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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 $ 23,600
Variable expenses 13,200
Contribution margin 10,400
Fixed expenses 7,592
Net operating income $ 2,808
Required:
Problem 1: What is the contribution margin per unit? (Round your answer to 2 decimal places.)
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