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company sells two products and data is provided below: Product A Product B Selling price per unit $154 $213 Less: Variable expenses per unit 89 120 Contribution margin per unit $65 $93 Current demand per month (units) 2,100 2,500 Processing time required on machine Y per unit 0.50 min 1.00 min Machine Y is the constrained resource and is being used at 100% of its capacity. Calculate the contribution margin ratio for each product. (2 marks) Enter your answer as a percentage to two decimal places. Do not include the percentage sign. Product A CM ratio: Product B CM ratio: Calculate the profitability index for each product. (2 marks) Enter your answers to two decimal places. Product A profitability index: Product B profitability index: Based on the profitability index. which product should be promoted? (1 mark)Machine '1' is the constrained resource and is being used at 100% of its capacity. Calculate the contribution margin ratio for each product. [2 marks] Enter your answer as a percentage to two decimal places. Do not include the percentage sign. ProductA CM ratio: 5,55%: Product B CM ratio: ll? Calculate the profitability index for each product. (2 marks) Enter your answers to two decimal places. Product A profitability index: iii Product B profitability index: 5,55%: Based on the profitability index, which product should be promoted? {1 mark:- 0 ProductA should be promoted. 0 Product B should be promoted