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The following CVP income statements are available for Blossom Company and Crane Company: Blossom Company Crane Company Sales revenue $335.000 $335,000 Variable costs 167,500

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The following CVP income statements are available for Blossom Company and Crane Company: Blossom Company Crane Company Sales revenue $335.000 $335,000 Variable costs 167,500 67,000 Contribution margin 167,500 268,000 Fixed costs 117,500 218.000 Operating income $50,000 $50,000

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