le Company has provided the following information Sales price per unit $56 ariable cost per unit Fixed costs per month $12,000 . Calculate the contribution margin ratio. (Round your answer to two deci A) 21.43% B) 82.35% 12 C) 64.71% D) 78.57% 16. Yarn Basket, Ltd., sells hand-knit scarves. Each scarf sells for $40. Th $150 to rent a vending space for one day. The variable costs are $11 per revenue amount does the company need to earn to break even? (Roun to two decimal places and your final answer to the nearest cent.) A) $7.73 B) $206.90 C) $15.17 D) $40.00 17. Which of the following is considered a period cost under variab