Question 30 4 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: Standard Division Premium Division Total Sales $400,000 $600,000 $1,000,000 Variable costs 280,000 360,000 Contribution margin $120,000 $240,000 Total fixed costs $300,000 What is the weighted average contribution margin ratio? 50% 35% OOO 36% O 34% Question 32 4 pts Curtis Corporation's contribution margin is $25 per unit for Product A and $30 for Product B. Product A requires 2 machine hours and Product B requires 4 machine hours. How much is the contribution margin per unit of limited resource for each product? A $12.50 B $7.50 $12.50 $8.33 $10.00 $10.00 $7.50 $8.33 O $12.50; $8.33 $10.00; $7.50 $12.50; $7.50 $10.00; $8.33 What is the key factor in determining sales mix if a company has limited resources? Contribution margin per unit of limited resource The cost of limited resources Total contribution margin The amount of fixed costs per unit A variable cost is a cost that varies in total in proportion to changes in the level of activity varies per unit at every level of activity. O may or may not be incurred, depending on management's discretion O occurs at various times during the year Question 2 A cost which remains constant per unit at various levels of activity is a mixed cost variable cost manufacturing cost. fixed cost