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How do I determine the company's total contribution margin, contribution margin per service call, and contribution margin ratio when 50 service calls are made in the month of June? Problem E21-23

How do I determine the company's total contribution margin, contribution margin per service call, and contribution margin ratio when 50 service calls are made in the month of June? Problem E21-23

costs and the total contribution margin for the company.
E21-23 Using variable costing, service company
Herman's Helpers provides locksmith services. One type of service call is to evalu-
ate private residences for security concerns and make recommendations for a safety
plan. Use the data below to determine the company's total contribution margin,
contribution margin per service call, and contribution margin ratio when 50 service
calls are made in the month of June.
Service Revenue
$ 100 per service call
Variable Costs
35 per service call
Fixed Costs
2,000 per month

Sep 21 2020 Read more Less More

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