Question

Herman’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 50 service calls are made in the month of June.
Service Revenue......... $ 100 per service call
Variable Costs ......... 35 per service call
Fixed Costs ......... 2,000 per month



$1.99
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  • CreatedJanuary 16, 2015
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