Two brothers (Jerry and Terry) own and operate companies in the same line of business. Jerry believes in maintaining a very large, highly efficient labor force. Terry on the other hand, favors automated-production processes. One business was located in Austin and the other was located in Boston. Recent data follow. $ in 000's Austin Boston Sales $2,000 $2,000 Contribution Margin 1,700 400 Operating Income 150 150 Required: Answer the questions in the space below. A. Who owns the company in each location and briefly explain why? B. What is each company's breakeven point in revenues? C. By what % would each company's income increase from a 5% increase in sales? Essay Toolbar navigation BI S