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VE Chapter 21 - End of Chapter Project Complete this project as a separate word or pdf file Submit as a Canvas Assignment at the

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VE Chapter 21 - End of Chapter Project Complete this project as a separate word or pdf file Submit as a Canvas Assignment at the course website clearly Print Your Name and Assignment Name at the top of each page DONNE re Income statements for two different companies in the same industry are as follows: Sales Less: Variable costs Contribution Margin Less: Fixed costs Operating Income $ 500,000 400,000 100,000 50,000 $50,000 $ 500,000 200,000 300,000 250,000 s50,000 1. Calculate the degree of operating leverage for both companies. 2. Calculate the break-even point in $ for each company. Which company has the higher break-even point? Wh RE SC

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