Jeans's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers earn...

 

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Jeans's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers earn 50% of the revenue for all personal training sessions. The Fitness Club also sells nutrition products. Jeans's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year. Account Membership revenue Personal training revenue Product sales Amount $142,000 $76,000 $66,000 OA. $284,000 OB. $210,000 OC. $358,000 OD. $74,000 Account Personal trainer wages expense Space rental expense Straight line depreciation expense Rental insurance expense Amount ? $11,000 $6,000 $3,000 Cost of product sold $36,000 Front desk staff wages expense $16,000 If a contribution margin income statement is prepared for the year, what is the contribution margin? Jeans's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers earn 50% of the revenue for all personal training sessions. The Fitness Club also sells nutrition products. Jeans's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year. Account Membership revenue Personal training revenue Product sales Amount $142,000 $76,000 $66,000 OA. $284,000 OB. $210,000 OC. $358,000 OD. $74,000 Account Personal trainer wages expense Space rental expense Straight line depreciation expense Rental insurance expense Amount ? $11,000 $6,000 $3,000 Cost of product sold $36,000 Front desk staff wages expense $16,000 If a contribution margin income statement is prepared for the year, what is the contribution margin?

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Answer iDetermine the revenue for personal trainers ... View the full answer