Question: The following CVP income statements are available for Crane Company and Cullumber Company: Calculate the break-even point in dollars and the margin of safety ratio



The following CVP income statements are available for Crane Company and Cullumber Company: Calculate the break-even point in dollars and the margin of safety ratio for each company. (Round break-even point to the nearest whole dollar, e. 5.275 and margin of safety ratio to 2 decimal places, es. 15.25\%.) Calculate the degree of operating leverage for each company. (Round onswers to 2 decimal places, eg. 15.25.) eTextbook and Media Assuming that sales revenue increases by 20%, prepare a variable cost income statement for each company, Assuming that sales revenue increases by 20%. prebare a variahle rost inrnme ctstoment fnr nneh an...... Assuming that sales revenue decreases by 20%, prepare a variable cost income statement for each company. (Enter loss using a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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