Chrome File Edit View History Bookmarks Profiles Tab Window Help 1 $ 7 ()) 84% Wed 10:57 AM Dave Barr QE ... a Am x a Buy x Stu x 4 My X 6 AC( X @ Cor X (35 X WP AC( X WP NW X Course C | Chege * Course M Fwd: - | Course G how do + C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=Oac8d975-155b-453c-9cc1-ce130d512612#/question/10 - ACC-650 TOPIC 2 Assignment Question 11 of 13 - 143 ... View Policies Current Attempt in Progress Crane sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Total Per Unit Sales revenue $550,000 $50 Variable expenses 192,500 17.50 Contribution margin 357,500 $32.50 Fixed expenses 295,750 Operating income $ 61,750 (a) What is Crane's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38 = 38%.) pic 2.jpeg pic 1.jpeg Show All X O W 2 .tv LO & 14-2.jpChrome File Edit View History Bookmarks Profiles Tab Window Help 1 $ 7 ()) 84% Wed 10:57 AM Dave Barr QE ... a Am x a Buy x Stu x 4 My X 6 AC( X | Cor X (35 x WP AC( X WP NW X Course C | Chege * Course M Fwd: -| | Course G how do + C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=Oac8d975-155b-453c-9cc1-ce130d512612#/question/10 - ACC-650 TOPIC 2 Assignment Question 11 of 13 - 14 3 : Fixed expenses 295,750 Operating income $ 61,750 (a) What is Crane's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38 = 38%.) Contribution margin ratio % Variable cost ratio % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer pic 2.jpeg pic 1.jpeg O W Ed 14-2.jChrome File Edit View History Bookmarks Profiles Tab Window Help 1 $ 7 ()) 84% Wed 10:57 AM Dave Barr QE ... a Am x a Buy x Stu x 4 My X 6 AC( X | Cor X (35 x WP AC( X WP NW X Course C | Chege * Course M Fwd: - | Course G how do + C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=Oac8d975-155b-453c-9cc1-ce130d512612#/question/10 - ACC-650 TOPIC 2 Assignment Question 11 of 13 - 143 ... Variable cost ratio % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer (b1) Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Breakeven sales $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer pic 2.jpeg A pic 1.jpeg O W ED Q .tv XP A & 14-2.j O