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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:

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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: Total Standard Division $400000 $320000 $80000 Sales Variable costs Contribution margin Total fixed costs Premium Division $600000 410000 $190000 $1000000 $300000 What is the company's weighted average contribution margin ratio? (Round final answer to nearest whole percent.) 0 43% 50% O 15% 27%

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