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will rate :) Question: Maureen shows the following information for the last year of her bridge club: Sales $ 2,385 Less: Variable costs $ 585

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Question: Maureen shows the following information for the last year of her bridge club: Sales $ 2,385 Less: Variable costs $ 585 Contribution margin $ 1,800 Less: Fixed costs $ 1,152 Operating income $ 648 The club had 225 players during the year. Required: Using cost-volume-profit analysis, answer the following questions. What is the club's contribution margin ratio? Using cost-volume-profit analysis, answer the following questions. What is the club's contribution margin ratio? 75% A What is the club's breakeven point in players? 144 4 How many players would the club have to sign up to attain a target operating incom of $1,728? 600 4 What is the club's margin of safety in numbers of players? 93.96 AN What is the club's degree of operating leverage? 600 A/ What is the club's margin of safety in numbers of players? 93.96 What is the club's degree of operating leverage? Round your answer to 2 decimal places. 92 A Use the rounded answer you just entered to calculate the answer to this question. If sales increase by 15%, operating income would increase by $1 2742.75

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