Solve it quickly within 10 minutes and get two upvotes immediately

Question 17 Not yet answered If the selling price per unit equals $200 and the variable cost ratio is 30%, how much is the contribution margin per unit and ratio? Marked out of 4.00 P Flag question Select one: O Contribution margin per unit is $ 140 and contribution margin ratio is 70%. O Contribution margin per unit is $ 60 and contribution margin ratio is 70%. O Contribution margin per unit is $ 140 and contribution margin ratio is 30%. O Contribution margin per unit is $ 70 and contribution margin ratio is 60%. O Contribution margin per unit is $ 60 and contribution margin ratio is 30%