The following CVP income statements are available for Oriole Company and Pharoah Company: Oriole Company Pharoah Company $415,000 $415,000 249,000 83,000 Sales revenue Variable costs Contribution margin Fixed costs Operating income 166,000 332,000 116,000 282,000 $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, eg. 15.25%) Oriole Company Pharoah Company Break-even point Margin of safety ratio % % Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, eg, 15.25.) Oriole Company Pharoah Company e Textbook and Media Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oriole Company Pharoah 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 eg. -45 or parentheses eg. (45).) Oriole Company Pharoah Company