ES Problem 19-05A al-a3, bi, c-d The following CVP income statements are available for Blanc...
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ES Problem 19-05A al-a3, bi, c-d The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $490,000 $490,000 Variable costs 294,000 245,000 Contribution margin 196,000 245,000 Fixed costs 176,400 225,400 Net Income $19,600 $19,600 Assuming that sales revenue decreases by 20%, prepare a CVP Income statement for each company. (Enter negative amounts using either a neg parentheses e.g. (45).) Blanc Company Noir Company Click if you would like to show Work for this question: Open Show Work LINK TO TEXT LINK TO VIDEO
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