Oriole Bottle Shop has two divisions, Wine and Beer. The sales mix is 70% Wine and 30% Beer. Orioles annual fixed costs are estimated at $159600. The average selling price in the Wine division is $30 with a variable cost of $12. The average selling price in the Beer division is $12 with a variable cost of $6. What is Orioles weighted-average contribution margin ratio?

53%

60%

57%

30%