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The following CVP income statements are available for Blanc Company and Noir Company Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $450,000

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The following CVP income statements are available for Blanc Company and Noir Company Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $450,000 270,000 180,000 162,000 $18,000 Noir Company $450,000 225,000 225,000 207,000 $18,000 Your answer is incorrect. Calculate Contribution margin ratio. (Round answers to 2 decimal places. eg 0.32) Contribution Margin Ratio 004 Blanc Company Noir Company 005

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