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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
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) Compute the degree of operating leverage for each company. (Round answers to 1 decimal place, eg. 15 Blossom Degree of Operating Leverage Crane (b) Save for Later Attempts: 0 of 1 The parts of this question must be completed in order. This part will be available when you complete the part ab
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