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Business, 29.10.2019 00:31 jakeshep2000

Perfect clean, inc. provides housekeeping services. the following financial data have been provided.

service revenue

$80,000

cleaning supplies used

22,000

wages expense

19,350

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.)

a) $38,650; 48.31% b) $74,850; 93.56%

c) $60,650; 75.81% d) $32,950; 41.19%

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