Question: I am not sure what the variable cost is for this problem. When you read the first screen shot it says 25,000 of the other
I am not sure what the variable cost is for this problem. When you read the first screen shot it says 25,000 of the other cost is variable. As for the second screen shot with data, I'm not sure which to include. The third screen shot is all the questions I will be asked to complete withe the data.
Step one is: revenue (500,00) - (total fixed) = contribution margin. I'm looking for total fixed cost.



Wharton Men's Clothing's revenues and cost data for 2012 are as follows: (Click the icon to view the data) Mr. Wharton, the owner of the store, is unhappy with the operating results. An analysis of other operating costs reveals that it includes $25,000 variable costs, which vary with sales volume, and $10,000 fixed costs. Read the requirements Requirement 1. Compute the contribution margin of Wharton Men's Clothing Determine the formula to calculate the contribution margin, then enter the amounts in the formula to compute the contribution margin of Wharton Men's Clothing Contribution margin
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