Send to Gradebook 01:08:10 Hide Timer Question 14 --/3 View Policies Current Attempt in Progress Blossom Bottle Shop has two divisions, Wine and Beer. The sales mix is 70% Wine and 30% Beer. Blossom's annual fixed costs are estimated at $182400. The average selling price in the Wine division is $24 with a variable cost of $8.40. The average selling price in the Beer division is $8.40 with a variable cost of $4.20. What is the contribution margin ratio for the Wine division? 35% 33.50% 50% 67% Attempts: 0 of 1 used Save for Later Submit Answer Send to Gradebook