The boxes in red need to be corrected.

Problem 6-5A The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company $517,000 $517,000 Sales 279,180 186,120 Variable costs 237,820 330,880 Contribution margin 165,000 258,060 Fixed costs $72,820 $72,820 Net income Your answer is correct Calculate Contribution margin ratio (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company .46 Noir Company 64