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Business, 12.04.2021 23:10 Anliz0179

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

Required:
Calculate Contribution margin ratio.

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