The following information for the past year for the Blaine Corporation has been provided: Fixed costs:...

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The following information for the past year for the Blaine Corporation has been provided: Fixed costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $150,000 20,000 17,000 $111,000 29,000 40,000 During the year, the company produced and sold 80,000 units of product at a selling price of $12.47 per unit. There was no beginning inventory of product at the beginning of the year What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)? O A 82% OB. 18.7% O C. 77.1% O D. 63.2% The following information for the past year for the Blaine Corporation has been provided: Fixed costs: Manufacturing Marketing Administrative Variable costs: Manufacturing Marketing Administrative $150,000 20,000 17,000 $111,000 29,000 40,000 During the year, the company produced and sold 80,000 units of product at a selling price of $12.47 per unit. There was no beginning inventory of product at the beginning of the year What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)? O A 82% OB. 18.7% O C. 77.1% O D. 63.2%

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