A company sells two products and data is provided below: Product C Product D Selling price per unit $159 $225 Less: Variable expenses per unit 101 123 Contribution margin per unit $58 $102 Current demand per month (units) 1,800 3,000 Processing time required on machine V per unit 0.60 min 0.70 min Machine V is the constrained resource and is being used at 100% of its capacity. Calculate the contribution margin ratio for each product. (2 marks) as a percentage to two decimal es. Do not include the percentage sign. Enter your Product C CM ratio: Number Product D CM ratio: Number Calculate the profitability index for each product. (2 marks) Enter your answers to two decimal places. Product C profitability index: Number Product D profitability index: Number Based on the profitability index, which product should be promoted? (1 mark) O Product C should be promoted. O Product D should be promoted