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Home Q & A Board Other Fields Homework Help Business Accounting
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Welcome Services, Inc. provides catering services. The company has three segments: Standard, Deluxe, and Premium. The company provides the following data for its three segments for the month of July:

   Standard   Deluxe   Premium
No. of customers   30   20   40
Service revenue   $9,000   $8,200   $8,600
Variable costs   $5,500   $3,800   $4,200

The total fixed costs for the month amounts to $2,500.

Requirements:
a) Calculate the contribution margin ratio for each business segment.
b) Compute the service revenue per customer, variable cost per customer, and contribution margin per customer for each business segment.
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Deprecated Author
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7 years ago
This was certainly a tough question, loving the expertise
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