Sheridan Company has two divisions-Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total Sales Variable costs $400000 $320000 $600000 $1000000 300000 Contribution margin $80000 $300000 Total fixed costs $300000 What is the company's weighted-average contribution margin ratio? (Round final answer to nearest whole percent.) O 50% 38% 15% O 32%