Psari's, a company that sells fishing nets, provides the following information about its product Targeted operating...

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Psari's, a company that sells fishing nets, provides the following information about its product Targeted operating income Sales price per unit Variable cost per unit Total fixed costs $52,000 8.00 3.00 120,000 What is the contribution margin ratio? (Round any intermediate calculations and your final answer to two decimal places.) A. 37 5% B. 62.5% OC. 100% O D. 187.5% Psari's, a company that sells fishing nets, provides the following information about its product Targeted operating income Sales price per unit Variable cost per unit Total fixed costs $52,000 8.00 3.00 120,000 What is the contribution margin ratio? (Round any intermediate calculations and your final answer to two decimal places.) A. 37 5% B. 62.5% OC. 100% O D. 187.5%

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