Current Attempt in Progress The following CVP income statements are available for Bramble Company and Vaughn Company. Sales Variable costs Contribution margin Fixed costs Net income Bramble Company Vaughn Company $490,000 $490,000 294,000 245,000 196,000 245,000 176,400 225,400 $19,600 $19,600 Your answer is incorrect. Calculate Contribution margin ratio. (Round answers to 2 decimal places, eg. 0.32.) Contribution Margin Ratio Bramble Company Vaughn Company