Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please get the total contribution margin and operating income at 40000,50000 services sold Breakeven Analysis January 2019 - March 2019 Target Operating Income Analysis January
Please get the total contribution margin and operating income at 40000,50000 services sold
Breakeven Analysis January 2019 - March 2019 Target Operating Income Analysis January 2019 - March 2019 Service fee per use Less: variable cost per service Contribution Margin per service $ $ $ 29.00 3.20 25.80 Total Fixed Costs of the Quarter Target Operating Income Total Fixed + TOI $ 84,825.00 $ 400,000.00 $ 484,825.00 Total Fixed Costs of the quarter CM per Service Breakeven in unit service $ 84,825.00 $ 25.80 $ 3,287.79 Total Fixed + TOI Contribution Margin per Service TOI in unit service $ 484,825.00 3.20 $ 151,507.81 Service fee Breakeven in revenues $ 29.00 $ 95,345.93 Service fee TOI in revenues 29.00 $4,393,726.56 Operating Leverage January 2019 - March 2019 At 40000 services sold At 50000 services sold Total Contribution Margin Total Operating IncomeStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started