Question
Anthony Herrera recently fulfilled his long-time dream of opening a gym that offers spinning exercise classes for $5.85 per person. To differentiate his gym and
Anthony Herrera recently fulfilled his long-time dream of opening a gym that offers spinning exercise classes for $5.85 per person. To differentiate his gym and better serve his clients, Anthony provides a towel, a bottle of water, and an after-workout protein shake to each person participating in a class, at a cost of $1.78 per person. Anthony employs three part-time instructors and pays them each $1,266 per month. He also pays himself a monthly salary of $4,078. Anthonys other monthly costs are $1,628 for rent, $1,302 for depreciation on his 34 bikes, and $1,826 in utilities and insurance.
)What is Anthomy's cent bution maorgin ger unit? (Roond ansiver to 2 decima places g 52.75 Costribusion margin (b) wat Anthony, comtrbuten mangin ratio? rRosmanswer to 2 derim, neces, eo 52.75.) Contriauton margin ratio
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