High-Tech Computer Services provide services to corporate and individual customers.During the month of June,the corporate business segment provided services to 500 customers and earned $60,000 in revenue.The individual business segment provided services to 400 customers and earned $35,000 in revenue.The variable costs for the corporate and individual business segment amounted $32,500 and $25,300,respectively.Additionally,the fixed costs of the company amounted to $8,500.The contribution margin ratios of the corporate segment and individual segment are ________,respectively.
A) 40.88% and 26.85%
B) 45.85% and 24.82%
C) 44.23% and 27.71%
D) 45.83% and 27.71%
Correct Answer:
Verified
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