D Question 24 3 pts Given the following projected contribution income statement for the coming year: Sales (100 units) P 10,000 Variable costs 3,000 Contribution margin 7.000 Fixed cost 4,000 Operating income 3,000 What is the contribution margin ratio? 1. 70% 2. 30% 3. 60% 4. 40% O 1 O2 o 3 04 3 pts Question 25 Refer to the table below which information refers to Triple A Corp. who produced and sold 50,000 units during a recent accounting period: How much is the contribution margin per unit? Sales 850,000 Manufacturing costs Fixed 210,000 Variable 140,000 Selling and Administrative costs Fixed 300,000 Variable 45,000 income tax rate 40% 1. P 16.60 2. P 31.00 3. P 7.30 4 P 123.30