Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $600 and has a unit contribution margin of $180; the Adult model sells for $1,000 and has a unit contribution margin of $525; and the Recreational model sells for $1,450 and has a unit contribution margin of $575. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,650,000, calculate the firm's contribution margin ratio per composite unit (rounded to the nearest whole percentage).

Multiple Choice

• 30%

• 44%

• 53%

• 228%

• 42%