Both Samsung and Apple sell smartphones. Assume the following data are available for a popular smartphone model of each company . Samsung Apple Selling price per unit $ 720 $ 650 Variable cost per unit 288 221 Required 1. Compute the contribution margin ratio for each model 2. Based on contribution margin ratio, which company's smartphone sales contribute more to covering fixed costs? Complete this question by entering your answers in the tabs below Requlyad1 Required 2 Compute the contribution margin ratio for each model Contribution margin ratio Samsung Apple