Snowmaggedon and Arctic Blast are competitors producing winter outerwear Below are income statements for the prior year for each company Snowmaggedon Arctic Blast Revenues $1.900.000 $1.825.000 Variable costs 1.045 000 220.000 Contribution Margin 855,000 1605.000 Fixed Costs 209.000 900 000 Operating Income 655.000 705,000 Calculate the degree of operating income for each of the companies (round to two decimal places): Snowmaggedon Arctic Blast if sales increase by 15 for Snowmaggedon, what change in profit can they expect? Snowmagedon Calculate the degree of operating income for each of the companies (round to two decimal places): Snowmaggedon Arctic Blast if sales increase by 15% for Snowmaggedon, what change in profit can they expect? Snowmaggedon Which company will benefit more from an increase in demand of their products? (Click to select)