3. The Mental Health program for the Community Center has just completed its fiscal year end. The Program Director determines that his program has revenue for the year of $1,210,000. He believes his variable expense amounts to $205,000 and he knows his fixed expense amounts to $1,100,000. (30 pts.)

Required

a) Compute the contribution margin and the Profit-Volume (PV) ratio (also known as the Contribution Margin (CM) Ratio) for the Community Center Mental Health program in the excel worksheet provided.

Chapter 7 Question 3
	Amount	%
Revenue
Less Variable Cost
Contribution Margin
Less Fixed Cost
Operating Loss