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 $465,000 5465,000 279.000 232.500 186,000 232.500 178,560 225.060 57,440 $7,440 Your answer is correct. Calculate Contribution margin ratio. (Round answers to 2 decimal places, eg. 0.32.) Contribution Margin Ratio Blanc Company Noir Company 50 e Textbook and Media Your answer is correct. Compute the break-even point in dollars for each company. (Round answers to decimal places, e.g. 5,125.) Break-even Point 448400 Blanc Company $ Noir Company $ 450120 eTextbook and Media Your answer is incorrect. Compute margin of safety ratio for each company. (Round answers to 3 decimal places, es 0.321) Margin of Safety Ratio Blanc Company Noir Company e Textbook and Media Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, eg. 1.56.) Degree of Operating Leverage Blanc Company 25 Noir Company 3125 e Textbook and Media Your answer is partially correct. 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 eg.-45 or parentheses eg (45).) Blanc Company Noir Company Sale: 1 5 58000 55900 Variable Costs Contribution Margin Fived Costa Fbied Costs C 2 78550 0 C Net Income/Loss) e Textbook and Media Your answer is partially correct. 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 eg.-45 or parentheses eg. (45). Blanc Company sales 372000 Noir Company 372000 Variable Costs Contribution Margin Fixed Costs Net Income/(Loss) 2 78550 2 25080 e Textbook and Media Save for Later