The following CVP income statements are available for Blanc Company and Noir Company Sales Variable costs Contribution margin Fixed costs Net income Blanc Company $550,000 330,000 220,000 211,200 $8,800 Noir Company $550,000 275,000 275,000 266,200 $8,800 Calculate Contribution margin ratio. (Round answers to 2 decimal places, eg. 0.32) Contribution Margin Ratio Blanc Company Noir Company Textbook and Media Compute the break-even point in dollars for each company. (Round answers to decimal places, e3.5,125) Break-even Point Blanc Company $ Noir Company $ e Textbook and Media Compute margin of safety ratio for each company. (Round answers to 3 decimal places, eg. 0.321.) Margin of Safety Ratio Blanc Company Noir Company Compute the degree of operating leverage for each company. (Round answers to 2 decimal places, eg. 1.56) Degree of Operating Leverage Blanc Company Noir Company e Textbook and Media Assuming that sales revenue increases by 20%, prepare a CVP income statement for each company. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (451) Blanc Company Noir Company $ $ >