Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $320 and
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Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $320 and has a unit contribution margin of $110; the Adult model sells for $860 and has a unit contribution margin of $455; and the Recreational model sells for $1,030 and has a unit contribution margin of $505. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,510,000, calculate the firm's contribution margin ratio per composite unit (rounded to the nearest whole percentage).
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