Hunter Inc. Hunter Inc. sells a unique product with the following information available:

Sales price	$100 per unit
Variable costs	$40 per unit
Fixed costs	$19,500
Units produced and sold	1,300 units

Refer to Hunter Inc. information above. What is the contribution margin ratio?

Question 9 options:

1)

55%

2)

25%

3)

60%

4)

40%