Question: 6: WRONG ANSWER: CVP View Policies Show Attempt History Current Attempt in Progress The following CVP income statements are available for Blanc Company and Noir

6: WRONG ANSWER: CVP View Policies Show Attempt History Current Attempt in Progress The following CVP income statements are available for Blanc Company and 6: WRONG ANSWER: CVP

View Policies Show Attempt History Current Attempt in Progress The following CVP income statements are available for Blanc Company and Noir Company. (a1) Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin ratio in case of Blanc Company. Contribution ratio =( Total Contribution / Total sales )100 =(460,000184,000)100=40% Explanation Contribution ratio of blanc shall be 40% for NOIR Contribution ratio =( Total Contribution / Total sales )100 =(460,000230,000)100=50% Explanation Contribution ratio in this case shall be 50%

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