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help me please please help me with this question in progress The following CVP Income statements are available for Oldham Company and Newton Company: Oldham
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in progress The following CVP Income statements are available for Oldham Company and Newton Company: Oldham Company Newton Company $460,000 $460,000 230,000 92.000 Sales revenue Variable costs Contribution margin Fixed costs Operating income 230,000 368,000 180,000 318,000 $50,000 $50,000 Your answer is partially correct. Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break even point to the nearest whole dollar, es. 5.275 and margin of safety ratio to 2 decimal places, es 15.25%) Newton Company Calculate the break even point in dollars and the margin of safety ratio for each company (Round break even point to the nearest whole dollar. c.8.5,275 ond margin of safety ratio to 2 decimal places, eg 15.25%.) Oldham Company Newton Company $ Break-even point 230000 $ 360000 2173 % 1374 Margin of safety ratio e Textbook and Media 1/4 Question Part Score Your answer is partially correct. Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places eg. 15.25 - Your answer is partially correct. Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, es 15.25) Oldham Company 4,60 Newton Company 7.28 e Textbook and Media 1/2 Question Part Score Your answer is partially correct. Your answer is partially correct. Assuming that sales revenue increases by 20% prepare a variable cost income statement for each company Oldham Company Newton Company S46000 $ Sales 546000 327600 109200 Variable costs 218100 436800 Contribution margin 132000 314000 Less Fixed costs 48000 122800 Operating income e Textbook and Media Your answer is partially correct. a Assuming that sales revenue decreases by 20%, prepare a variable cost income statement for each company. (Enter loss using either a negative sign preceding the number cs -45 or parentheses es. (451) Oldham Company Newton Company 364000 $ 364000 Sales 72800 218400 Variable costs 145600 291200 Contribution margin 132000 314000 Fed costs 13600 $ 22800 Operating income eTextbook and Media Step by Step Solution
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