Data for March for Cincinnati Supply Corp., a supplier to Kraft Foods, and its two major business segments, Snacks and Meals, appear below: Sales revenue, Snacks $380,000 Variable expenses, Snacks $213,000 Traceable fixed expenses, Snacks $65,000 Sales revenue, Meals $230,000 Variable expenses, Meals $104,000 Traceable fixed expenses, Meals $25,000 In addition, common fixed expenses totaled $156,000. The contribution margin ratio of the Snacks business segment is: 27% 44% 48% 55%