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Question 4 of 4 The following CVP income statements are available for Oldham Company and Newton Company: Oldham Company Newton Company Sales revenue $ 425,000
Question 4 of 4 The following CVP income statements are available for Oldham Company and Newton Company: Oldham Company Newton Company Sales revenue $ 425,000 $ 425,000 Variable costs 255,000 85,000 Contribution margin 170.000 340,000 Fixed costs 120,000 290,000 Operating income $ 50,000 $ 50,000 Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break-even point to the near whole dollar, e.g. 5,275 and margin of safety ratio to 2 decimal places, e g. 15.25%.) Oldham Company Newton Company Break-even point Margin of safety ratio eTextbook and Media P 10 DELL F3 FA F5 F6 FZ FB F10 F11 A 3 4 5 7 E R T Y U D F G H J K
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