Choney company provides lawn care services. Following are data for a recent week

Question

Choney company provides lawn care services. Following are data for a recent week:

Service Revenue

$4,950

Variable Costs

3,465

Contribution Margin

$1,485

Choney provided service to 55 customers during the week. Determine the average amount the company charged each customer, the variable cost per customer, and the contribution margin ratio.

Enter the number of customers serviced during the week, then calculate the amount per customer for service revenue, variable costs, contribution margin, contribution margin ratio, and contribution margin ratio for the total. (Enter the amount per customer to two decimal places, X.XX.)

Amount per

Total

Customers

Customer

Service Revenue

$4,950

Variable Costs

3,465

Contribution Margin

$1,485

Contribution Margin Ratio

%

%

Service Revenue

$4,950

Variable Costs

3,465

Contribution Margin

$1,485

Explanation / Answer

Enter the number of customers serviced during the week, then calculate the amount per customer for service revenue, variable costs, contribution margin, contribution margin ratio, and contribution margin ratio for the total. (Enter the amount per customer to two decimal places, X.XX.)

Total Customers Amount per customers Service revenue 4950 55 90 Variable costs 3465 55 63 Contribution margin 1485 55 27 Contribution margin ratio 30% 30%

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

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