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The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company $485.000 Nolr Company $485.000 Sales 291,000 242.500 194,000 242.500 Variable
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company $485.000 Nolr Company $485.000 Sales 291,000 242.500 194,000 242.500 Variable costs Contribution margin Fixed costs Net income 186,240 234.740 $7,760 $7.760 (21) Your answer is correct. Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratlo Blanc Company .40 Noir Company .50 (a2) ) Compute the break-even point in dollars for each company. (Round answers to decimal places, eg. 5.125.) Break-even Point Blanc Company $ Noir Company $ eTextbook and Media Assistance Used Save for Later Attempts: 0 of 3 used Submit Answer (23) The parts of this question must be completed in order. This part will be available when you complete the part above. (51) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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