The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $555,000 $555,000 Variable costs 333,000 277,500 Contribution margin 222,000 277,500 Fixed costs 199,800 255,300 Net income $22,200 $22,200 (a1) Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Blanc Company Noir Company Contribution Margin Ratio