(t) Homepage-Cent G Login with Centen x O chapter 6 C ? ezto.mheducatior.com/hm.tpx?--?7003096165846298-1528169030144 Connect Registrat om note aculae x Blackboard Learn Course Information Learning My Cours Edit My Resume D Centennial Colleg o Question 4 fof 5) 4. 10.00 points Bikes Manufacturing produces and sells children's bikes at an average price of $120 Its costs are as follows direct materials S12 direct labours6. variable overhead. S4 sales commission 5% of price 1 fixed monthly costs are $54,000 Required: 1. Using the above cost data, set up a monthly cost equation 2. What is the company's contribution margin percentage? (Round your answer to 2 decimal places.) Reterences Book & Resources Worksheet