Bailey Company sells 26,716 units at $17.00 per unit. Variable costs are $7.00 per unit, and fixed costs are $7.00. The contribution margin ratio and the unit contribution margin, (rounding to two decimal points) are:

Select the correct answer.

1% and $7.00 per unit

59% and $10.00 per unit

59% and $17.00 per unit

1% and $17.00 per unit