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Titanium,Inc What Is the Contribution Margin Ratio of Beta? (Round Your

question 63

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Titanium,Inc.reports the following information for April:  Alpha  Beta  Units sold 3,000 units 750 units  Sales price per unit $350$600 Variable manufacturing cost per unit 200500 Sales commission per unit:  Alpha: 8% of sales price 28 Beta: 6% of sales price 36\begin{array} { | l | r | r | } \hline & \text { Alpha } & \text { Beta } \\\hline \text { Units sold } & 3,000 \text { units } & 750 \text { units } \\\hline \text { Sales price per unit } & \$ 350 & \$ 600 \\\hline \text { Variable manufacturing cost per unit } & 200 & 500 \\\hline \text { Sales commission per unit: } & & \\\hline \text { Alpha: } 8 \% \text { of sales price } & 28 & \\\hline \text { Beta: } 6 \% \text { of sales price } & & 36 \\\hline\end{array} What is the contribution margin ratio of Beta? (Round your answer to two decimal places. )


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