Question: 1). Complete the table. For the Percent contribution margin use (P-MC)/P. (FOR MR, MC, AVC, MR-MC & PERCENT CONTRIBUTION MARGIN, ROUND TO 2 DECIMAL PLACES.

1). Complete the table. For the Percent
1). Complete the table. For the Percent contribution margin use (P-MC)/P. (FOR MR, MC, AVC, MR-MC & PERCENT CONTRIBUTION MARGIN, ROUND TO 2 DECIMAL PLACES. FOR TOTAL REVENUE, TOTAL COST AND PROFIT ROUND TO NEAREST WHOLE DOLLAR) Average Percent Quantity Total Marginal Fixed Variable Total Variable Marginal Contribution Price Demanded Revenue Revenue Cost Cost Cost Cost Cost MR - MC Profit Margin 18 600 500 5210 17 700 500 5640 16 800 500 6135 15 900 500 6700 14 1000 500 7335 13 1100 500 8060 12 1200 500 8900 2) You are serving as the chair for your community's annual wellness campaign. A key event is the annual Walk 3k, Run 10k, Ride 20k event. The event is staged entirely by volunteers, and the goal is to attract community-wide awareness of getting active as a key step to wellness. In other words, the goal is not to raise money but to promote awareness. As the chair, you set a financial goal to break even on the one and only cost of the event: a fitness bag with the community seal and the event moto, \"I AM ON THE RIGHT TRACK!\" The cost of the bags, which must be ordered in batches of 100, is: Bags Fixed Cost Variable Total Cost Average Marginal Cost Total Marginal Total Profit /Participants Cost Variable Revenue wt Revenue Cost Price $20 0 1700 0 100 1700 500 200 1700 1200 300 1700 2700 400 1700 5200 500 1700 9000 600 1700 15000 700 1700 23800 800 1700 36800 900 1700 55800 1000 1700 83000 (FOR THE TABLE ROUND ALL TO THE NEAREST WHOLE DOLLAR)

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