A very rich man has the following hockey teams :

Vancouver Edmonton Seattle Total

Sales $$3,000,000$ $$5,000,000$ $$4,000,000$ $$12,000,000$

Variable costs $2,900,0001,520,000190,000$ $$4,610,000$

Contribution margin $100,0003,480,0003,810,000$ $$7,390,000$

Fixed costs $1,000,0001,000,0001,000,000$ $$3,000,000$

Net income $-900,000$ $$2,480,000$ $$2,810,000$ $$4,390,000$

What advice can you provide to the very rich man to get more rich?

Determine if the fixed costs allocation is correct. Should the fixed costs be allocated evenly to each team?