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Bonita Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is

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Bonita Industries has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total Sales $800000 $1200000 $2000000 Variable costs $320000 300000 Contribution margin $480000 $900000 Total fixed costs $300000 What is the company's weighted-average contribution margin ratio? (Round final answer to nearest whole percent.) O 25% O-14% O.69% 58%

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