Problem 19-05A al-a3, b1, c-d The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Sales Variable costs Contribution margin Fixed costs Net income $540,000 324,000 216,000 189,000 $27,000 Noir Company $540,000 270,000 270,000 243,000 $27,000 Your answer is correct. Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company - 0.4 Noir Company T 0.5 Your answer is partially correct. Try again. Compute the break-even point in dollars for each company. (Round answers to o decimal places, e.g. 5,125.) Break-even Point Blanc Company 472500 Noir Company 48600 LINK TO TEXT LINK TO VIDEO Your answer is correct. Compute margin of safety ratio for each company. (Round answers to 3 decimal places, e.g. 0.321.) Margin of Safety Ratio Blanc Company 0.125 Noir Company 0.1 Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 1.56.) Degree of Operating Leverage Blanc Company Noir Company LINK TO TEXT LINK TO VIDEO Your answer is partially correct. Try again. Assuming that sales revenue increases by 20%, prepare a CVP income statement for each company. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Blanc Company Noir Company Sales 648000 648000 Variable Costs -324000 -270000 T Contribution Margin 324000 378000 Fixed Costs 189000 243000 Net Income/(Loss) 135000 135000 135000 LINK TO TEXT LINK TO VIDEO x Your answer is incorrect. Try again. x Your answer is incorrect. Try again. Assuming that sales revenue decreases by 20%, prepare a CVP income statement for each company. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Blanc Company Noir Company Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO