Question: 10 pts MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information

 10 pts MacCloud Industries has two divisions-Standard and Premium. Each division

10 pts MacCloud Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: CVP Income Statement Standard Premium Total Sales $600,000 $400,000 $1,000,000 Variable costs 280,000 360,000 $240,000 Contribution margin $120,000 Total fixed costs $300,000 What is the weighted average contribution margin ratio? O 35% O 36% O 34% 45% MacBook Pro

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