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Jason Allen recently fulled his long-time dream of opening a gym that offers spinning exercise classes for $10 per person. To differentiate his gym and

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Jason Allen recently fulled his long-time dream of opening a gym that offers spinning exercise classes for $10 per person. To differentiate his gym and better serve his clients, Jason provides a towel, a bottle of water, and an after workout protein shake to each person participating in a class, at a cost of $1.97 per person, Jason employs four part-time instructors and pays them each $3.200 per month. He also pays himself a monthly salary of $7,700 Jason's other monthly costs are $3.700 for rent, $2,350 for depreciation on his 30 bikes, and $1.950 in utilities and insurance (a) What is Jason's contribution margin per unit (Round answer to 2 decimal places, es 5275) Contribution margins per unit (b) What is Jason's contribution margin ratio? (Round answer to 2 decimal places, e... 52.75) Contribution margin ratio % c) Prepare Jason's monthly contribution format income statement. Assume that he teaches 6,200 clients. (Round per unit values to 2 (c) Prepare Jason's monthly contribution format income statement. Assume that he teaches 6,200 clients (Round per unilt values to 2 decimal places, eg. 52.75 and all other answers to decimal places, es 1,234) Per Unit $ > $ e Textbook and Media Attempts: unlimited

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