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Waterways Continuing Problem
The section of Waterways that produces controllers for the company provided the following information.
Using this information for the controllers, determine the contribution margin ratio, the degree of operating leverage, the break-even point in dollars, and the margin of safety ratio for Waterways Corporation on this product.
Contribution Margin Ratio (Round to 0 decimal places, e.g. 25%.)
Degree of Operating Leverage (Round to 2 decimal places, e.g. 5.25.)
Break-even Point in Dollars
Margin of Safety Ratio (Round to 1 decimal place, e.g. 5.2%.)
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