Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please quick as possible Happy Home, Inc. provides housekeeping services. The following financial data have been provided. Service Revenue $80,000 Cleaning Supplies Used 21,500 Wages

please quick as possible image text in transcribed
image text in transcribed
image text in transcribed
Happy Home, Inc. provides housekeeping services. The following financial data have been provided. Service Revenue $80,000 Cleaning Supplies Used 21,500 Wages Expense 18,350 Office Rent Expense 5.350 Depreciation ExpenseMachinery 550 Calculate the operating income for the company. O A. $52.600 O B. $34.800 OC. $40,150 OD. $34.250 Tidy Turf, Inc provides housekeeping Services. The following financial data have been provided Service Revenue $70,000 Cleaning Supplies Used 21.000 Wages Expense 20 350 Office Rent Expense 5.150 Depreciation Expense-Machinery 550 Calculate the contribution margin and the contribution margin ratio (Round your contribution margin to the nearest dollar, and your contribution margin ratio to two decimal places.) OA 549.650.70.93% O B. $22.950 32.79% OC. 528.650, 40.93% OD. 564 850 92 64% Spruce-Up Company provides cleaning Services to commercial and residential customers. The commercial business segment provided services to 270 customers and the residential business Segment provided services to 575 Service Revenue Variable costs Feed Costs Operating Income Commercial $93 000 25 000 39.000 529 000 Real 5122 000 49 000 52.000 $21.000 525.000 74 000 91000 $50 000 Identify the segment with the lower contribution margine and show the amount of its contribution marginato (Round your answer to two decimals) OA Residential, 40109 OB. Residential 50 844 Oc Commercial, 31.10 OD. Commercial 460

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Payroll Audit

Authors: Robert Leach

1st Edition

0955970792, 978-0955970795

More Books

Students also viewed these Accounting questions

Question

Describe the patterns of business communication.

Answered: 1 week ago

Question

3. Provide two explanations for the effects of mass media

Answered: 1 week ago