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ZZ tire company opened a new loctation last year. Use the following information to figure out countribution margin and operating income for last year. Tires

ZZ tire company opened a new loctation last year. Use the following information to figure out countribution margin and operating income for last year.

Tires sold: 15,000

Retail price per tire: $75 per tire

Cost per tire: $18 per tire

Installation expense per tire ( payroll) : $9 per tire

Utilities: $2,000 per month

Rent: $3,500 per month

Clerks and receptionist: $2,500 per month

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