The production costs for 1000 units of a product are listed below. direct materials: $20000 direct labour: $10500 direct expenses: $1600 variable overheads: $11300 fixed overheads: $7500 Each unit is sold for $60, and 1000 units are sold. Calculate the contribution to sales ratio.
- A15.17%
- B27.67%
- C30.33%
- D46.50%