Presented below are variable costing income statements for Pharoah Company and Sheridan Company. They are in the same industry, with the same net incomes, but different cost structures. Pharoah Co. Sheridan Co. Sales $180,000 $180,000 Variable costs 72,000 45,000 Contribution margin 108,000 135,000 Fixed costs 67,500 94,500 Net income $40,500 $40,500 (a1) Compute the break-even point in dollars for each company. Pharoah Co. Break-even point $ $ Sheridan Co. 2021-10.37.27 AM 2021-10 32.11 AM 2021-10