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Current Attempt in Progress The following CVP income statements are available for Oldham Company and Newton Company: Newton Company Oldham Company $375,000 $375,000 Sales revenue Variable costs Contribution margin 187,500 75,000 187,500 300,000 Fixed costs 137,500 250,000 Operating income $50,000 $50,000 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. 5,275 and margin of safety ratio to 2 decimal places, eg, 15.25%.) Oldham Company Newton Company Break-even point $ $ Margin of safety ratio 96 % e Textbook and Media --/4 Question Part Score Question 4 of 4 Calculate the degree of operating leverage for each company. (Round answers to 2 decimal places, e.g. 15.25.) Oldham Company Newton Company e Textbook and Media Question Part Score Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company. Oldham Company Newton Company $ 38 !! Assuming that sales revenue decreases by 20%, prepare a variable cost income statement for each company. (Enter loss using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) Oldham Company Newton Company $