les price per unit ariable cost per costs per onth 12,000 to two decimal places.) Calculate the contribution margin ratio. (Round your answer A) 21.43% B) 82.35% 12 64.71% 16. Yarn Basket. Ltd, sells hand-knit scarves. Each scarf sells for $40. The company pays hat total $150 to rent a vending space for one day. The variable costs are $11 per scart. w revenue amount does the company need to earn to break even? (Round any percentages to two decimal places and your final answer to the nearest cent.) A) $7.73 B) $206.90 C) $15.17 D) $40.00 . Which of the following is considered a period cost under variable costing but not der absorption costing? fixed selling and administrative costs ariable manufacturing costs ed manufacturing overhead riable selling and administrative costs