Per Call | 160 Calls | |
Service revenue | 130 | 130*160 = 20800 |
Variable costs | 13 | 13*160 = -2080 |
Contribution margin | 1117 | 18720 |
Contribution margin ratio = Contribution margin/Service revenue
The contribution margin ratio is 90%
homework question nter's Helpers provides locksmith services. One type of service call is to evaluate private...
Homer's Helpers provides locksmith services. One type of service calls to evaluate private residences for security concerns and make recommendations for a safety plan Use the data below to determine the company's total contribution margin contribution margin per service call and contribution margin ratio when 100 service calls are made in the month of June Click the icon to view the data) Select the formula labels needed to compute the contribution margin. Then, complete the table to calculate the contribution...
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Hank's Helpers provides locksmith services. One type of service call is to evaluate private residences for security concerns and make recommendations for a safety plan. Use the data below to determine the company's total contribution margin, contribution margin per service call, and contribution margin ratio when 200 service calls are made in the month of June. (Click the icon to view the data.) * Data Table $ Service Revenue Variable Costs...
Professional Pool Cleaning Service provides pool cleaning services to residential customers. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business segment. The company incurs variable costs that include the employees' wages, pool chemicals, and gas for the service vans. Fixed costs include depreciation on the service vans. Following is the income statement for the month of July (Click the icon to view the income statement.) Read the requirements, Requirement 1....
A furniture manufacturer specializes in wood tables. The tables sell for $120 per unit and incur $65 per unit in variable costs. The company has $5,000 in fixed costs per month. Read the reguirements 6. Prepare a contribution margin income statement for one month if the company sells 580 tables 7. What is the total contribution margin for the month when the company sells 580 tables? The contribution margin is 5 8. What is the unit contribution margin? Select the...
Pool Cleaning Service provides pool cleaning services to
residential customers. The company has three employees, each
assigned to specific customers. The company considers each
employee's territory as a business segment. The company incurs
variable costs that include the employees' wages, pool chemicals,
and gas for the service vans. Fixed costs include depreciation on
the service vans. Following is the income statement for the month
of July:
Possible reasons for the profitability of this business segment
include the following:
Felicity Pool...
E21-25 (similar to) Sage Company provides carpet cleaning servioes to commercial and residential customers. Using the data beiow, determine the contribution margin ratio for each business segment, rounded to two decimal places (Cick the icon to view the contribution margin income statement.) Select the formula, then, calculate the contribution margin ratio for each business segment. (Round to two decimal places-the nearest hundredth percent-Xxx%) Contribution margin ratio X Data Table Residential Total Commercial 170,700 Service Revenue 80,600 $ 90,100 $ $...
Eden Pool Cleaning Service provides pool cleaning services to residential customers. The company has three employees, each assigned to specific customers. The company considers each employee's territory as a business segment. The company incurs variable costs that include the employees' wages, pool chemicals, and gas for the service vans. Fixed costs include depreciation on the service vans. Following is the income statement for the month of July: Eden Pool Cleaning Service Income Statement For the Month Ended July 31, 2018...
P21-31A (book/static) Question Help Professional Pool Cleaning Service provides pool cleaning Services to residential customers. The company has three employees, each assgned to specific customers. The company considers each employee's territory as a business segment. The company incurs variable costs that include the employees wages, pool chemicals, and gas for the service vans Fixed costs include depreciation on the service vans Following is the income statement for the month of July Click the icon to view the income statement) Read...
Service Emphasis
The following analysis of selected data is for each of the two
services Rockville Corporation provides.
Service G
Service H
Per-unit data at 10,000 services
Sales price
$28
$15
Service costs:
Variable
11
7
Fixed
6
4
Selling and administrative expenses:
Variable
5
2
Fixed
3
1
In the Rockville's operation, labor capacity is the company's
constraining resource. Each unit of G requires 3 hours of labor,
and each unit of H requires 1 hours of labor. Assuming...
Service Emphasis The following analysis of selected data is for each of the two services Gates Corporation provides. Service A Service B $38 $34 Per-service data at 10,000 services Sales price Service costs: Variable Fixed Selling and administrative expenses: Variable Fixed w In the Gates operation, labor capacity is the company's constraining resource. Each unit of A requires 3 hours of labor, and each unit of B requires 2 hours of labor. Assuming that all services can be sold at...