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Help Save & Exit Submit Grand Gimmicks Company produces a single product with a current selling price of $170. Variable costs are $130 per unit,

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Help Save & Exit Submit Grand Gimmicks Company produces a single product with a current selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6.240. Management is considering increasing the selling price to $190 per unit. Assume that the variable cost per unit of the product and monthly fixed expenses will not change as a result of the proposed increase in selling price. At the proposed increased seling price of $190 per unit, the contribution margin ratio is closest to: Sei ct with a it with... Multiple Choice DJ 60.24 31.6% o 68.4% 50.8%

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