Peta, nv sells two models of their product in Oklahoma, the Home model and the Business model. They have supplied the following data: Home Business Selling Price $ 46 $ 88 Expected Unit Sales per month 2,300 13,000 Variable Production costs per unit $ 18 $ 23 Variable selling and administrative costs per unit $ 8 $ 9 Fixed Expenses are $53,117 per month. Peta's overall contribution margin ratio for the expected sales mix is to closest to: Question 32Select one: A. 53.56% B. 38.07% C. 49.31% D. 61.93% E. 57.68%

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To calculate the overall contribution margin ratio for the expected sales mix we need to determine the weighted average contribution margin ratio for ... View the full answer