The data related for Baghdad Company are as follows (in totals): Direct material $12000 Direct labor $9000 Variable overhead $6000 Fixed manufacturing overhead $1200 Fixed selling expenses $1000 Variable selling expenses $4500 Fixed administrative expenses $1100 3000 units 3000 Units of production Target profit Under variable manufacturing cost base for pricing, profit margin ratio would be: OA. 40% OB. 60% OC. 20% OD. none of the above