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  3. the following cvp income statements are available

The following CVP income statements are available for Blanc Company and Noir Company. ...

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Accounting

The following CVP income statements are available for Blanc Company and Noir Company.

Blanc Company

Noir Company
Sales $530,000 $530,000
Variable costs 318,000 265,000
Contribution margin 212,000 265,000
Fixed costs 203,520 256,520
Net income $8,480

$8,480

Compute margin of safety ratio for each company.

Margin of Safety Ratio
Blanc Company
Noir Company

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