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The following CVP Income statements are available for Bramble Company and Vaughn Company. Sales Variable costs Contribution margin Fixed costs Net income Bramble Company Vaughn

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The following CVP Income statements are available for Bramble Company and Vaughn Company. Sales Variable costs Contribution margin Fixed costs Net income Bramble Company Vaughn Company $490,000 $490,000 294,000 245,000 196,000 245,000 176,400 225,400 $19,600 $19,600 (a1) Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Bramble Company Vaughn Company e Textbook and Media Attempts: 0 of 15 used

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