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LIVE-THE* Cewek Box WW2/assessment.player/index.htm Funchid.893030-005-24 Question 2 of 7 + View Policies Current Attempt in Progress Thomas Taylor recently fulfilled his long-time dream of opening
LIVE-THE* Cewek Box WW2/assessment.player/index.htm Funchid.893030-005-24 Question 2 of 7 + View Policies Current Attempt in Progress Thomas Taylor recently fulfilled 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, Thomas provides a towel, a bottle of water and an alter-workout protein shake te each person participating in a class, at a cost of $1.84 per person. Thomas employs four part-time instructors and pay them each $1,900 per month. He also pays himself a monthly salary of $6,400. Thomas's other monthly costs are $2,400 for rent. 51.700 for depreciation on his 34 bikes, and $1,625 in utilities and insurance (a) What is Thomas's contribution margin per unit? (Round answer to 2 decimal places.es 5275) Contribution margin $ per unit (b) What is Thomas's contribution margin ratio? (Round answer to 2 decimal places, 6.8.52.75.) Contribution margin ratio % (c) Prepare Thomas's monthly contribution format income statement. Assume that he teaches 4,900 clients. (Round per unt values to 2 decimal places, e.g. 52.75 and all other answers to decimal places, eg. 1,234) Per Unit bunchid-1973- Question 2 of 7 (c) Prepare Thomas's monthly contribution format income statement. Assume that he teaches 40 ders onder 2 decimal places, eg. 52.75 and all other answers to decimal places, es. 1.234) $
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