Question
Wainwright Computer Services provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 300 customers and
Wainwright Computer Services provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 300 customers and earned $80,000 in revenue. The individual business segment provided services to 400 customers and earned $45,000 in revenue. The variable costs for the corporate and individual business segments amounted to $32,500 and $25,300, respectively. In addition, the fixed costs of the company amounted to $7,500. Calculate the contribution margin from each customer of the individual business segment. (Round your answer to the nearest cent.)
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