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Type here to search Question 4 of 4 Vie Current Attempt in Progress The following CVP income statements are available for Oldham Company and
Type here to search Question 4 of 4 Vie Current Attempt in Progress The following CVP income statements are available for Oldham Company and Newton Company Oldham Company Newton Company Sales revenue $375,000 $375,000 Variable costs 107,500 75.000 Contribution margin 187.500 300.000 Fixed costs 137.500 250,000 Operating income $50,000 $50,000 -/381 E 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. 5275 and margin of safety ratio to 2 decimal places, eg 15.25%) Oldham Company Newton Company Break-even paint 275000 $ 312500 5'C Partly cloudy A do ENG 1005 FM 2/7/2022
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