The following CVP income statements are available for Oldham Company and Newton Company: Oldham Company Newton Company Sales revenue $450,000 $450,000 Variable costs 225,000 90,000 Contribution margin 225,000 360,000 Fixed costs 175,000 310,000 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, e.g. 5,275 and margin of safety ratio to 2 decimal places, e.g. 15.25%.) Break-even point Margin of safety ratio eTextbook and Media Oldham Company Newton Company $ % % Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 15.25.) Oldham Company Newton Company eTextbook and Media Question Part Score Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oldham Company Newton Company $ $ $ $ --/2 Newton Company 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 e.g. -45 or parentheses e.g. (45).) Oldham Company $ eTextbook and Media +A +A