Hotseat Question #4 What is the projected contribution margin ratio for Feathered Friends?. Sales of 780,000 units at $25 Units sold equal units produced Variable costs for 780,000 units: Direct material S1,560,000 2,000,000 2.340,000 Direct labor Variable overhead Selling and administrative 350,000 1.200,000 expense Total fixed costs a. 32% b.) 68% C. 25% d. 40%