This Question: 2 pts 90125 (0 complete) ? This Test: 50 pts possible m: Sma Jean

Question

This Question: 2 pts 90125 (0 complete) ? This Test: 50 pts possible m: Sma Jeans's Fi ess Club provides monthly members p s as well as personal training sessions. The personal tainers earn 50% of the revenue for al 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 Amount Account $144,000 Account Personal trainer wages expense $11,000 $6,000 $3,000 core $79,000 Space rental expense $66,000 Straight line depreciation expense $35,000 Rental insurance expense $13,000 Personal training revenue Cengag Product sales Cost of product sold Front dosk staff wages expense et Journa O A. $214,500 O B. $74,500 'OC. S363.500 OD. $289,000 MacBook

Explanation / Answer

Revenues Membership 144000 Personal Training Revenue 79000 Product Sales 66000 Total Revenues 289000 Variable Cost Cost of product sold 35000 personal training commission 79000*50% 39500 total variable costs 74500 total contribution margin 214500 Ans A $214500

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