w Hill Connect Account In x Question 4 - Module 4 - Chapter X + X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%2525%252Fnewconnect.mheducation.com%252F#/activity/question-group/... Module 4 - Chapter 6 Saved Help Save & Exit Submit Check my work 4 Bikes Manufacturing produces and sells children's bikes at an average price of $60. Its costs are as follows: direct materials, $11; direct labour, $7; variable overhead, $3; sales commission, 5% of price. Its fixed monthly costs are $36,000. 10 Required: points 1. Using the above cost data, set up a monthly cost equation. Skipped Y = X eBook Print References 2. What is the company's contribution margin percentage? (Round your answer to 2 decimal places.) 1% Contribution margin Activate Windows Go to Settings to activate window