Question 8 The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $545,000 327,000 218,000 207,100 $10,900 Noir Company $545,000 272,500 272,500 261,600 $10,900 (1) Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company By accessing this question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor