On Fire Company, a Producer of Salsa, Has the Following

Multiple Choice

On Fire Company, a producer of salsa, has the following information: $$\begin{array} { l r } \text { Income tax rate } & 30 \% \\\text { Selling price per unit } & \$ 5.00 \\\text { Variable cost per unit } & \$ 3.00 \\\text { Total fixed costs } & \$ 90,000.00\end{array}$$ The contribution-margin ratio is _____.

A) 30%
B) 40%
C) 60%
D) 100%