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22 Gulf Shore Lawn and Garden Maintenance provides two general outdoor services own maintenance and garden maintenance. The company charges customers $30.0 per hour for

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22 Gulf Shore Lawn and Garden Maintenance provides two general outdoor services own maintenance and garden maintenance. The company charges customers $30.0 per hour for each type of service, but lown maintenance has higher variable conts (18.0 per hour than garden maintenance ($9.0 per hour) because of fuel expenses incurred to operate lawn mowing equipment. All employees are paid a fixed monthly salary. A contribution format income statement for a recent month for the two services appears below. During the month. 8,000 hours of lawn maintenance services and 2,000 hours of garden maintenance were provided 01:17:00 Lawn darden Per Maintenance our Maintenance Mode Total 240,000 $30.0 $ 60,000 530.0 $300,000 144.000 18.0 18,000 162,000 Variable expenses Contribution margin $ 96,000 $12.0 $ 42,000 $21.0 138.000 Fixed expenses 38,640 Operating income $ 99,360 Required: 1. Compute the overall CM ratio for the company, Overall contribution margin ratio 46% 2. Compute the overall break-even point for the company in sales dollars, Overall break-even point

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