The following CVP income statements are available for Oldham Company and Newton Company: Oldham Company Newton Company Sales revenue $355,000 $355.000 Variable costs 177 500 71.000 Contribution margin 177.500 284,000 Fixed costs 127.500 234,000 Operating income $50.000 $50.000 Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break-even point to the nearest whole dollar, eg. 5.275 and margin of safety ratio to 2 decimal places, es 15.25%) Oldham Company Newton Company Break-even point $ $ Margin of safety ratio % % e Textbook and Media Question Part Score LA Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, eg 15.25.) Oldham Company Newton Company Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oldham Company Newton Company e Textbook and Media --/16 Question Part Score Assuming that sales revenue decreases by 20% prepare a variable cost income statement for each company. (Enter loss using either a negative sign preceding the number es 45 or parentheses es (451) Oldham Company Newton Company $ 1