Using the above information for Oriole Corporation, the contribution margin per unit is closest to:

Group of answer choices

$0.50

$45.00

$60.00

$15.00

The next two questions relate to Oriole Corporation. Oriole Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. $ Sales (9,000 units) Variable expenses Contribution margin Fixed expenses Net operating income 540,000 405,000 135,000 130,500 4.500 $ Question 16 4 pts Using the above information for Oriole Corporation, the contribution margin ratio is closest to: 33% 25% 67% 75%