Perfect Clean,Inc.provides housekeeping services.The following financial data have been provided. $$\begin{array} { | l | r | }
\hline \text { Service Revenue } & \$ 80,000 \
\hline \text { Cleaning Supplies Used } & 22,000 \
\hline \text { Wages Expense } & 19,350 \
\hline \text { Office Rent Expense } & 5,150 \
\hline \text { Depreciation Expense- } & \
\text { Machinery } & 550 \
\hline
\end{array}$$ Calculate the contribution margin and the contribution margin ratio.(Round your contribution margin to the nearest dollar,and your contribution margin ratio to two decimal places. )

Question

Perfect Clean,Inc.provides housekeeping services.The following financial data have been provided. $$\begin{array} { | l | r | } 
\hline \text { Service Revenue } & \$ 80,000 \
\hline \text { Cleaning Supplies Used } & 22,000 \
\hline \text { Wages Expense } & 19,350 \
\hline \text { Office Rent Expense } & 5,150 \
\hline \text { Depreciation Expense- } & \
\text { Machinery } & 550 \
\hline
\end{array}$$ Calculate the contribution margin and the contribution margin ratio.(Round your contribution margin to the nearest dollar,and your contribution margin ratio to two decimal places. )

Quizplus · Accepted Answer

The Answer of Perfect Clean,Inc.provides housekeeping services.The following financial data have been provided. $$\begin{array} { | l | r | } 
\hline \text { Service Revenue } & \$ 80,000 \
\hline \text { Cleaning Supplies Used } & 22,000 \
\hline \text { Wages Expense } & 19,350 \
\hline \text { Office Rent Expense } & 5,150 \
\hline \text { Depreciation Expense- } & \
\text { Machinery } & 550 \
\hline
\end{array}$$ Calculate the contribution margin and the contribution margin ratio.(Round your contribution margin to the nearest dollar,and your contribution margin ratio to two decimal places. )

Perfect Clean,Inc Calculate the Contribution Margin and the Contribution Margin Ratio