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please answer Crane's Environmental Consulting Service LLP had the following operating results last month: Service revenues amounted to $41,000, variable costs were $19,680, and fixed
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Crane's Environmental Consulting Service LLP had the following operating results last month: Service revenues amounted to $41,000, variable costs were $19,680, and fixed costs were $8,200 for the month. Based on this information, compute the following amounts: a. Total contribution margin $ Contribution margin ratio % b. Operating income c. Degree of operation leverage (Round answer to 3 decimal places, e.g. 5.250.) d. Break-even point in dollars (Round answer to 0 decimal places, e.g. 5,275.)Step by Step Solution
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