Ivanhoe Orthotics Company distributes a specialized ankle support that sells for $40. The company's variable costs are $30 per unit; fixed costs total $380,000 each year. (a1) Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio eTextbook and Media Save for Later % Attempts: 0 of 3 used Submit Answer