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rrent Attempt in Progress The following CVP income statements are available for Blossom Corp. and Crane, Inc. BlossomCorp. Crane, Inc. Sales revenue $560,000 $560,000
rrent Attempt in Progress The following CVP income statements are available for Blossom Corp. and Crane, Inc. BlossomCorp. Crane, Inc. Sales revenue $560,000 $560,000 Variable costs 270,000 160,000 Contribution margin 290,000 400,000 Fixed costs 190,000 300,000 Net income $100,000 $100,000 (a) Your answer has been saved. See score details after the due date. 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 2.9 4.0
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