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Part 2 of 7 Points: 0.13 of 1 Save Godfroy Men's Clothing's revenues and cost data for 2020 are as follows: (Click the icon

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Part 2 of 7 Points: 0.13 of 1 Save Godfroy Men's Clothing's revenues and cost data for 2020 are as follows: (Click the icon to view the data.) Mr. Godfroy, the owner of the store, is unhappy with the operating results. An analysis of other operating costs reveals that it includes $40,000 variable costs, which vary with sales volume, and $15,000 (fixed) costs. Read the requirements. Requirement 1. Compute the contribution margin of Godfroy Men's Clothing. Determine the formula to calculate the contribution margin, then enter the amounts in the formula to compute the contribution margin of Godfroy Men's Clothing. Revenues Total variable costs Contribution margin

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