Questions The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $570,000 $570,000 Variable costs 342,000 285,000 Contribution margin 228,000 285,000 Fixed costs 218,880 275,880 Net Income $9,120 $9,120 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company .40 Noir Company .50 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 547,200 $ Noir Company 551,760 $ Mersin 4 24.19.4 Compute margin of safety ratio for each company. (Round answers to 3 decimal places, e.g. 0.321.) Margin of Safety Ratio Blanc Company Noir Company 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 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 Variable costs Contribution Margin 18 276 son Fixed Costs 218,880 275,880 Net Income/(Loss) 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 Sales Variable Costs Contribution Margin Fixed Costs 218,880 275,880 Net Income/(Loss) Click If you would like to show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: 0 of 1 used