X Company makes and sells a single product. Its budgeted profit equation for 2021 before taxes is P = 0.25R - $330,000, where R is total revenue. The company is not completely sure that the contribution margin rate will be 0.25 in 2021. Assuming that total revenue will be $1,041,100 in 2021, and the tax rate will be 35%, what must the contribution margin rate be in order for X Company to earn $25,000 after taxes [rounded to two decimal places]? OA: 0.11|OB: 0.15OC: 0.20 OD: 0.27 OE: 0.35| OF: 0.47 Submit Answer Tries 0/99