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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The following CVP income statements are available for Blanc Company and Noir Company.
Blanc Compa...
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