The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company Noir Company $545,000 $545,000 327,000 272,500 218,000 272,500 207,100 261,600 $10,900 $10,900 (a 1) Calculate Contribution margin ratio. (Round answers to 2 decimal places, eg. 0.32.) Contribution Margin Ratio Blanc Company Noir Company The following CVP income statements are available for Blanc Company and Noir Company. Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $ 494,000 286,520 207,480 165,000 $ 42,480 Noir Company $ 494,000 192,660 301,340 258,860 $ 42,480 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company LINK TO TEXT VIDEO: SIMILAR PROBLEM Compute break-even point in dollars for each company. (Round answers to 0 decimal places, e.g. 1,225.) Break-even Point Blanc Company $ Noir Company $ 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 LINK TO TEXT VIDEO: SIMILAR PROBLEM Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.g. 1.5.) Degree of Operating Leverage Blanc Company Noir Company 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 LINK TO TEXT VIDEO: SIMILAR PROBLEM Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.g. 1.5.) 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). Round answers to o decimal places, e.g. 1,225.) Blanc Company Noir Company Sales $ Variable costs Contribution margin Fixed costs Net income / (Loss)
