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Nora Company produces brake pads for Callahan Auto Parts, whcih it sells for $40 each. each brake pad costs $10 of variable costs to make.

Nora Company produces brake pads for Callahan Auto Parts, whcih it sells for $40 each. each brake pad costs $10 of variable costs to make. during december, 6,000 brake pads were sold. fixed costs were $5,000. what is the contribution margin ratio?

The picture below shows the answer choices.. please help

100.0%25.0%75.0%77.8%

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