Question: The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company $480,000 $480,000 Sales 288,000 240,000 Variable costs Contribution


The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company $480,000 $480,000 Sales 288,000 240,000 Variable costs Contribution margin 192,000 240,000 Fixed costs 182,400 230,400 Net income $9,600 $9,600 Calculate Contribution margin ratio. (Round answers to 2 decimal places, e.g. 0.32.) Contribution Margin Ratio Blanc Company Noir Company Compute the break-even point in dollars for each company. (Round answers to O decimal places, e.g. 5,125) Compute the break-even point in dollars for each company. (Round answers to decimal places, e.g. 5,125.) Break-even Point Blanc Company $ Noir Company $ Compute margin of safety ratio for each company. (Round answers to 3 decimal places, e.g. 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, e.g. 1.56.) Degree of Operating Leverage Blanc Company Noir Company Assuming that sales revenue increases by 20%, prepare a CvP income statement for each company. (Enter negative amounts using either a negati number e.g. -45 or parentheses e.g. (45).) Blanc Company Noir Company Sales $ Variable costs Contribution margin Fixed costs Net income/(Loss) $ $ Assuming that sales revenue decreases by 20%, prepare a CVP income statement for each company. (Enter negative amounts using either a negative sign number e.g. -45 or parentheses e.g. (45).) Blanc Company Noir Company Sales $ $ Variable costs Contribution margin Fixed costs Net Income/(Loss) $
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