The following CVP income statements are available for Blanc Company and Noir Company.

Blanc Company

Noir Company

Sales$540,000$540,000Variable costs324,000270,000Contribution margin216,000270,000Fixed costs189,000243,000Net income$27,000$27,000

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$

Enter a dollar amount

$

Enter a dollar amount

Variable costsEnter a dollar amount

Enter a dollar amount

Contribution marginEnter a total of the two previous amounts

Enter a total of the two previous amounts

Fixed costsEnter a dollar amount

Enter a dollar amount

Net income / (Loss)$

Enter a total amount for this statement

$

Enter a total amount for this statement

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Part 6

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$Enter a dollar amount

$Enter a dollar amount

Variable costsEnter a dollar amountEnter a dollar amountContribution marginEnter a total of the two previous amounts

Enter a total of the two previous amounts

Fixed costsEnter a dollar amountEnter a dollar amountNet income / (Loss)$Enter a total amount for this statement

$Enter a total amount for this statement

eTextbook and Media