A company sells two products and data is provided below: Product A Product B Selling price per unit $122 $240 Less: Variable expenses per unit 105 208 Contribution margin per unit $17 $32 1,900 3,000 Current demand per month (units) Processing time required on machine Y per unit 1.40 min 1.10 min Machine Y is the constrained resource and is being used at 100% of its capacity. Calculate the contribution margin ratio for each product. (2 marks) Enter your answer as a percentage to two decimal places. Do not include the percentage sign. Product A CM ratio: Number Product B CM ratio: Number Calculate the profitability index for each product. (2 marks) Enter your answers to two decimal places. Product A profitability index: Number Product B profitability index: Number Based on the profitability index, which product should be promoted? (1 mark) O Product A should be promoted. O Product B should be promoted