Please show all work Jean\'s Fitness Club provides monthly memberships as well a

Question

Please show all work

Jean'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. Jean's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year. If a contribution margin income statement is prepared for the year, what is operating income? dollar 207,500 dollar 280,000 dollar 175,500 dollar 384,500

Explanation / Answer

personal trainer wages=training revenue*50%=$37,500

operating income=$175,500.

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.