If sales revenue is $7,600 and variable costs are $3,040, what is the variable cost percentage?

Sales

$7,600

Variable cost

$3,040

Variable rate

If sales revenue is $158,000 and variable costs are 44 % what is the dollar contribution margin?

Sales

$158,000

Variable cost

44.0%

Contribution in dollars

You are asked to cater a buffet for 70 people at $18/person. Your variable cost is 72% and fixed costs are $400 per day. Calculate contribution margin in dollars and operating income. Should you accept?

Customer count
Price
Variable cost
Fixed cost
Revenue
Variable cost at 72%
Contribution margin
Fixed cost
Operating income Should you accept?