Question: The following CVP income statements are available for Blanc Company and Noir Company Blanc Company Noir Company Sales Variable costs Contribution margin Fixed costs Net

The following CVP income statements are available for Blanc Company and Noir Company Blanc Company Noir Company Sales Variable costs Contribution margin Fixed costs Net income $494,000 286,520 207,480 165,000 $42,480 $494,000 192,660 301,340 258,860 $42,480 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company LINK TO TEXT VIDEO: SIMILAR PROBLEM Compute break-even point in dollars for each company. (Round answers to 0 decimal places, e.g. 1,225.) Break-even Point Blanc Company s Noir Company

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