The following CVP income statements are available for Bramble Company and Vaughn Company. Bramble Company Vaughn Company Sales $490,000 $490,000 Variable costs 294,000 245,000 Contribution margin 196,000 245,000 Fixed costs 176,400 225,400 Net income $19,600 $19,600 (a1) x Your answer is incorrect. Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Bramble Company 40 Vaughn Company 50 eTextbook and Media