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Crane Manufacturing Company has the following projected income statement for the next fiscal period based...

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Question

Accounting

Crane Manufacturing Company has the following projected income statement for the next fiscal period based on sales of 90,000 units. Sales $9900000 Variable costs 7425000 Contribution margin 2475000 Fixed costs 1100000 Net operating income $1375000 Cranes projected margin of safety ratio is

1.25

0.25

1.36

0.56

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