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Hope Cosmetics Company produces nted SPF 100 moisturizer that it sells for $120 each' Each bottle costs $12 of variable costs to make During the

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Hope Cosmetics Company produces nted SPF 100 moisturizer that it sells for $120 each' Each bottle costs $12 of variable costs to make During the most recent quarter, 1,200 bottles of moisturizer were manufactured and sold. Fixed costs for the quarter were $21 per unit fora total of $25,200.What is the company's contribution margin ratio? 0 21% O 12% O 90% g 10%

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