Current Attemptin Progress

Marigold Corp. produces tinted SPF $100$ moisturizer that it sells for $$140$ each. Each bottle costs $$14$ of variable costs to make. During

the most recent quarter, $1400$ bottles of moisturizer were manufactured and sold. Fixed costs for the quarter were $$20$ per unit for a

total of $$28000.$ What is the company's contribution margin ratio?

$10\%$

$14\%$

$20\%$

$90\%$