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Habitat Helps Company provides cleaning services to commercial and residential customers. The commercial business segment provided services to 230 customers and the residential business segment
Habitat Helps Company provides cleaning services to commercial and residential customers. The commercial business segment provided services to 230 customers and the residential business segment provided services to 625 customers. Commercial. Residential. Total Service Revenue. $87,000. $125,000. $212,000 Variable Costs. 27,000. 56,000. 83,000 Fixed Costs. 42,000. 45,000. 87,000 Operating Income. $18,000. $ 24,000. $42,000 What is the contribution margin ratio for Habitat Company? (Round answer to two decimal places.) Answer: 60.85% *****please show your work for the answer******
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