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

Company Sales $455,000 $455,000 Variable costs 273,000 227,500 Contribution margin 182,000 227,500 Fixed costs 159,250 204,750 Net income $22,750 $22,750

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 costs		Enter a dollar amount		Enter a dollar amount
Contribution margin		Enter a total of the two previous amounts		Enter a total of the two previous amounts
Fixed costs		Enter a dollar amount		Enter a dollar amount
Net income / (Loss)		$Enter a total amount for this statement		$Enter a total amount for this statement

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 costs		Enter a dollar amount		Enter a dollar amount
Contribution margin		Enter a total of the two previous amounts		Enter a total of the two previous amounts
Fixed costs		Enter a dollar amount		Enter a dollar amount
Net income / (Loss)		$Enter a total amount for this statement		$Enter a total amount for this statement