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

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Question

Accounting

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

Service Revenue

$1,300

Variable Costs

780

Contribution Margin

$520

Chaney provided service to 25 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

$1,300

Variable Costs

780

Contribution Margin

$520

Contribution Margin Ratio

%

%

Answer & Explanation Solved by verified expert
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