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The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $575,000 $575,000 Variable costs 345,000 287,500 Contribution
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $575,000 $575,000 Variable costs 345,000 287,500 Contribution margin 230,000 287,500 Fixed costs 220,800 278,300 Net Income $9,200 $9,200 (a1) Your answer is correct Calculate Contribution margin ratio. (Round answers to 2 decimal places, eg, 0.32) Contribution Margin Ratio Blanc Company Noir Company 04 05 Your answer is incorrect Compute the break-even point in dollars for each company (Round answers to O decimal places, eg. 5.125) Break-even Point Blanc Company $ Noir Company $
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