Executive Services, Inc. has two business segments: Commercial and Residential. The following data have been provided for the year ending December 31, 20XX. Commercial Residential Service Revenue $ 7 comma 100 $ 10 comma 000 Variable Costs 3 comma 000 5 comma 100 The company incurred $ 2 comma 300 as fixed costs. 

What is the contribution margin ratio for the company?

Answer rating: 100% (QA)

To calculate the contribution margin ratio for the company we first need to calculate the total cont... View the full answer