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BBB Construction wants to calculate the historical contribution margin ratio based on the following information: - Revenues: 22,000,000 - Construction Costs: 15,000,000 - Variable Overhead:

BBB Construction wants to calculate the historical contribution margin ratio based on the following information:

- Revenues: 22,000,000

- Construction Costs: 15,000,000 - Variable Overhead: 62,000 - Fixed Overhead: 615,000

- Estimated Variable Overhead: 90,000

- Estimated Fixed Overhead: 782,000

What is the historical contribution margin ratio?

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