Refer to Exercise E21- 24. The commercial business segment provided services to 250 customers. The residential business
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Refer to Exercise E21- 24. The commercial business segment provided services to 250 customers. The residential business segment provided services to 500 customers. Determine the average amount Stuart Company charged each type customer for services, the average variable cost per customer, and the average contribution margin per customer. What caused the difference in contribution margin ratio calculated in Exercise E21-24?
Transcribed Image Text:
Commercial Residential Toal Service Revenue Variable Costs Contribution Margin Fixed Costs Operating Income $ 50,000 18,750 31,250 $75,000 125,000 48,750 76,250 50,000 3 26250 30,000 45,000
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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