safoty plan Uso the data below to determine the Hank\'s Helpers provides locksmi

Question

safoty plan Uso the data below to determine the Hank's Helpers provides locksmith services. One type of service call is to evaluate private residences for security concerns and make recommendations for a company's total contribution margin contribution margin per service call, and contribution margin r ratio when 60 service calls are made in the month of June Click the icon to view the data.) Select the foemula labels nooded to compute the contribution margin. Then, complete the table to caloulale the contribution mangin per service call, then the company's total contribution margin Per call 60 cals Data Table Contribution Margin Select the formuia to calculate the contribution margin ratio Contribution Margin Ratio The contribuion margin raio is Service Raovenue $180 per service call Variable Costs Fixed Costs 18 per service call 8,420 per month LJ%. Print Done Choose from any list or enter any number in the input fields and then continue to the next question

Explanation / Answer

Calculate contribution margin :

Contribution margin ratio = Contribution margin*100/Service revenue

= 162*100/180

Contribution margin ratio = 90%

Per call 60 Calls Service revenue 180 10800 Variable cost 18 1080 Contribution margin 162 9720

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