The following CVP income statements are available for Oldham Company and Newton Comp Sales revenue Variable costs Contribution margin Fixed costs Operating income Oldham Company $420,000 210,000 210,000 160.000 $50,000 Newton Company $420,000 84,000 336,000 286,000 $50.000 Your answer is partially correct. Your answer is partially correct. Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break-even point to the whole dollar, es 5,275 and margin of safety ratio to 2 decimal places, eg. 15.25%.) Oldham Company Newton Company $ 320.000 357.000 Break-even point 23.61 % 14.88 % Margin of safety ratio e Textbook and Media Question Part Score es O o Your answer is correct. Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, eg. 15.25.) Oldham Company 4.20 Newton Company 6.72 e Textbook and Media uestion Part Score W P u . company Oldham Company Newton Company ales 504,000 TA 504,000 ariable costs 252,000 100,800 ontribution margin 252,000 403,200 ess Fixed costs