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Crane, Inc. reported actual sales of $2,045,000 and fixed costs of $347,650. The contribution margin ratio is 25%. Compute the company's margin of safety in

image text in transcribed Crane, Inc. reported actual sales of $2,045,000 and fixed costs of $347,650. The contribution margin ratio is 25%. Compute the company's margin of safety in dollars and the margin of safety ratio. Margin of safety in sales dollars \$ Margin of safety ratio %

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