The following CVP income statements are available for Oldham Company and Newton Company: Newton Company $355,000 71,000 Sales revenue Oldham Company $355,000 177,500 177,500 127,500 $50,000 Variable costs Contribution margin Fixed costs 284,000 234,000 $50,000 Operating income 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%.) Oldham Company Newton Company Break-even point $ Margin of safety ratio % % LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 15.25.) Oldham Company Newton Company LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oldham Company Newton Company $ $ LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT 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 Newton Company $ $ $ $ Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oldham Company Newton Company $ $ Variable costs Contribution margin Operating income Sales Fixed costs LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT 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 Newton Company $ $ $ $ Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oldham Company Newton Company Variable costs $ $ Operating income Sales LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT 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 Newton Company Variable costs $ $ Operating income Sales Variable costs Fixed costs Contribution margin $ $