Parsons Company makes calendars. Information on cost per unit is as follows: Direct materials $4.00 Direct labor $2.40 Variable overhead $2.10 Variable marketing expense $1.60 Fixed marketing expense totaled $25,000 and fixed administrative expense totaled $83,000. The price per calendar is $23. What is the contribution margin ratio? 43.91% 56.09% 63,04% 72.17%