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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
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
Current Attempt in Progress 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 (21) Your answer is correct. Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company 0.40 Noir Company 0.50 e Textbook and Media (a2) Your answer is correct. Compute the break-even point in dollars for each company. (Round answers to O decimal places, e.g. 5,125.) Break-even Point Blanc Company $ 415625 Noir Company 427500 e Textbook and Media (a3) Your answer is correct. Compute margin of safety ratio for each company. (Round answers to 3 decimal places, e.g. 0.321.) Margin of Safety Ratio Blanc Company 0.125 Noir Company 0.100 e Textbook and Media (61) 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 e Textbook and Media (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) 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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