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The Companys five trucks (in total) drive an average 1,050,000 miles per year. Using the information provided below, how much variable contribution margin dollars does
The Companys five trucks (in total) drive an average 1,050,000 miles per year. Using the information provided below, how much variable contribution margin dollars does the Company make (1) per week and (2) per mile (on average): Net Sales: $28,000,000 COGS: $23,600,000 Gross Profit: $4,400,000 Operating Expenses Driver payroll: $1,000,000 Fuel/Oil: $800,000 Truck Repairs/Maintenance: 250,000 Rent: 108,000 CEO/Controller salary: 200,000 Property Taxes: 20,000 Building Insurance: $45,000
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