Given the above information, what is the most Nash's can incur in manufacturing costs and still meet its gross margin goal? Assume now that instead of having a corporate gross margin goal, the company switches to a contribution margin (CM) goal. If this new CM goal is also set at 70%, will the company meet it under the sales, volume, and cost situation described above? Contribution margin ratio % The company neet the contribution margin ratio goal. (b) Your answer is correct. If the fixed portion of Nash's manufacturing cost is $104,000, what combination of selling price and variable manufacturing cost would fit the corporate gross margin percentage goal, assuming sales volume is 26,000 units?(Round variable manufacturing cost per unit to 2 decimal places, e.g. 15.25.) Most manufacturing companies have gross margin goals, and Nash's is no different. Nash's makes lightweight backpacks that are suitable for a number of purposes. Management at the company has dictated a strict 70% gross margin goal, and, to date, it has been able to achieve it. Some of the company's financial information is as follows