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Sawyer Company provides carpet cleaning services to commercial and residential customers. Using the data below, determine the contribution margin ratio for each business segment, rounded

Sawyer Company provides carpet cleaning services to commercial and residential customers. Using the data below, determine the contribution margin ratio for each business segment, rounded to two decimal places.

Commercial

Residential

Total

Service Revenue

$105,000

$57,600

$162,600

Variable Costs

31,500

21,600

53,100

Contribution Margin

73,500

36,000

109,500

Fixed Costs

30,000

Operating Income

$79,500

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