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Current Attempt in Progress The following CVP income statements are available for Blossom Corp. and Crane, Inc. Blossom Corp. Crane, Inc. Sales revenue $868,000
Current Attempt in Progress The following CVP income statements are available for Blossom Corp. and Crane, Inc. Blossom Corp. Crane, Inc. Sales revenue $868,000 $868,000 Variable costs 449,500 279,000 Contribution margin 418,500 589,000 Fixed costs 263,500 434,000 Net income $155,000 $155,000 (a) Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, eg. 15.5) Degree of Operating Leverage Blossom Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, e.g. 15.5.) Degree of Operating Leverage Blossom Crane
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