Monash Company sells a product for $50 per unit, its variable cost are $25 per units and its fixed cost are $35,000. What is Monash Company's contribution margin ratio? (if it is 20%, write 0.2) Answer: Information is provided to you showing results for the past two periods. P1 P2 Sales $ 350.00 $ 300.00 Costs $ 245.00 $ 220.00 Analyse the results and select the correct answer Select one: o a. As costs are changing together with changes in sales, then these must all be variable costs. O b. As the costs are changing from one period to the next, then these must all be variable costs. O c. In period 1 the fixed costs are $70 and the variable costs in period 2 are $150 od. In period 1 all costs are fixed and in period 2 the variable costs have decreased by $25