Question: I accidentally selected D. 33%, please provide quick explanation if possible as well. Thanks Electric Jet Skis operates a jet ski rental business. Assume the

I accidentally selected D. 33%, please provide quick explanation if possible

I accidentally selected D. 33%, please provide quick explanation if possible as well. Thanks

Electric Jet Skis operates a jet ski rental business. Assume the jet skis rent for $40 per 6 hours. The variable costs are $27 per 6 hours rental, and its fixed costs are $60,000 each month. What is the contribution margin ratio? O A. 67% OB. 31% OC. 13% D. 33%

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