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Question 3 View Policies Current Attempt in Progress Anthony Herrera recently fulfilled his long-time dream of opening a gym that offers spinning exercise classes for

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Question 3 View Policies Current Attempt in Progress Anthony Herrera recently fulfilled his long-time dream of opening a gym that offers spinning exercise classes for $5.50 per person. To differentiate his gym and better serve his clients, Anthony provides a towel, a bottle of water, and an after-workout protein shake to each person participating in a class, at a cost of $2.63 per person. Anthony employs three part-time instructors and pays them each $1,398 per month. He also pays himself a monthly salary of $4,100. Anthony's other monthly costs are $1,500 for rent. $1.350 for depreciation on his 32 bikes, and $1,800 in utilities and insurance. (a) What is Anthony's contribution margin per unit? (Round answer to 2 decimal places, e.g. 52.75.) Contribution margin $ per unit (b) What is Anthony's contribution margin ratio? (Round answer to 2 decimal places, eg. 52.75.) Contribution margin ratio m 2020 Ch 2: Homework (C) Prepare Anthony s monthly contribution format income statement. Assume that he teaches 5,000 clients.(Round per unit values to 20 places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.) Unit

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