Coviello Corporation would like to determine the relative profitability of the company's products for purposes of making volume trade-off decisions. For example, the selling price of product C98I is $375, its unit variable cost is $261.00, and its unit contribution margin is $114.00. One unit of the product requires 15 minutes of the constrained resource. Monthly sales are 4,470 units. What is the profitability index for product C98I?

0.30

$25.00 per minute

$509,580

$7.60 per minute