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

		Blanc Company		Noir Company
Sales		$475,000		$475,000
Variable costs		285,000		237,500
Contribution margin		190,000		237,500
Fixed costs		166,250		213,750
Net income		$23,750		$23,750

Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.)

		Contribution Margin Ratio
Blanc Company
Noir Company

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Compute the break-even point in dollars for each company. (Round answers to 0 decimal places, e.g. 5,125.)

		Break-even Point
Blanc Company		$
Noir Company		$

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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

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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

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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
Contribution MarginTotal Variable ExpensesNet Income/(Loss)Fixed CostsSelling ExpensesSalesCost of Goods SoldTotal Fixed ExpensesGross ProfitAdministrative ExpensesVariable Costs		$		$
Selling ExpensesVariable CostsAdministrative ExpensesTotal Fixed ExpensesCost of Goods SoldTotal Variable ExpensesFixed CostsSalesNet Income/(Loss)Contribution MarginGross Profit
Gross ProfitCost of Goods SoldSalesVariable CostsNet Income/(Loss)Selling ExpensesAdministrative ExpensesContribution MarginTotal Variable ExpensesTotal Fixed ExpensesFixed Costs
Administrative ExpensesFixed CostsVariable CostsCost of Goods SoldNet Income/(Loss)Total Variable ExpensesTotal Fixed ExpensesContribution MarginSalesGross ProfitSelling Expenses
Net Income/(Loss)Fixed CostsGross ProfitTotal Variable ExpensesTotal Fixed ExpensesCost of Goods SoldSalesAdministrative ExpensesSelling ExpensesContribution MarginVariable Costs		$		$

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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
Selling ExpensesVariable CostsSalesNet Income/(Loss)Total Variable ExpensesCost of Goods SoldAdministrative ExpensesTotal Fixed ExpensesGross ProfitContribution MarginFixed Costs		$		$
Administrative ExpensesSalesCost of Goods SoldVariable CostsContribution MarginSelling ExpensesTotal Fixed ExpensesNet Income/(Loss)Gross ProfitTotal Variable ExpensesFixed Costs
Cost of Goods SoldSelling ExpensesTotal Fixed ExpensesSalesGross ProfitAdministrative ExpensesFixed CostsNet Income/(Loss)Total Variable ExpensesContribution MarginVariable Costs
Administrative ExpensesCost of Goods SoldGross ProfitTotal Variable ExpensesSelling ExpensesSalesTotal Fixed ExpensesNet Income/(Loss)Fixed CostsContribution MarginVariable Costs
Contribution MarginTotal Fixed ExpensesAdministrative ExpensesCost of Goods SoldGross ProfitNet Income/(Loss)Fixed CostsSelling ExpensesVariable CostsSalesTotal Variable Expenses		$		$