Question: Intersection Driving School charges $1,700 per student to prepare and administer written and driving tests. Variable costs of $1,020 per student include trainers' wages, study
Intersection Driving School charges $1,700 per student to prepare and administer written and driving tests. Variable costs of $1,020 per student include trainers' wages, study matenals, and gasoline Annual fixed costs of $510,000 include the training facility and fleet of cars. Read the requirements Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakevon point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation (Abbroviation used. CM= contribution margin). Intersection Driving School charges $1,700 per student to prepare and administer written and driving tests. Variable costs of $1,020 per student include trainers' wages, study matenals, and gasoline Annual fixed costs of $510,000 include the training facility and fleet of cars. Read the requirements Requirement 1. For each of the following independent situations, calculate the contribution margin per unit and the breakevon point in units: Begin by showing the formula for contribution margin per unit and then enter the amounts to calculate the contribution margin per unit for each situation (Abbroviation used. CM= contribution margin)
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