The following information for the past year for the Blaine Corporation has been provided: Fixed costs: Manufacturing $150,000 Marketing 20,000 Administrative 17,000 Variable costs: Manufacturing $111,000 Marketing 29,000 Administrative 40,000 During the year, the company produced and sold 80,000 units of product at a soling price of $12.47 per unit. There was no beginning inventory of product at the beginning of the you What is the contribution margin ratio for Blaine Corporation (round to 1 decimal)? O A 82% B. 18.7% e c. 77.1% D. 63.2%