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mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion ducation.com%252Ffactivity. Return Gulf

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mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion ducation.com%252Ffactivity. Return Gulf Shore Lawn and Garden Maintenance provides two general outdoor services: lawn maintenance and garden maintenance. The company charges customers $18.0 per hour for each type of service, but lawn maintenance has higher variable costs (572 per hour) than garden maintenance ($3.6 per hour) because of fuel expenses incurred to operate lawn mowing equipment. All employees are paid a fixed monthly salary. A contribution format income statement for a recent month for the two services appears below. During the month. 8,000 hours of lawn maintenance services and 2,000 hours of garden maintenance were provided: Per Sales Variable expenses Lawn Per Garden Maintenance Hour Maintenance Hour Total $ 144,000 $18.0 $ 36,000 $18.9 $ 180,000 57,600 7.2 7,200 64,800 Contribution margin $ 86,400 $10.8 $ 28,800 $14.4 115,200 Fixed expenses 32,256 Operating income $ 82,944 Required: 1. Compute the overall CM ratio for the company Answer is complete but not entirely correct. Overall contribution margin radio 46 ch 0 1

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