Intricate Computer Solutions provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 400 customers and earned $60,000 in revenue. The individual business segment provided services to 200 customers and earned $35,000 in revenue. The variable costs for the corporate and individual business segments amounted to $33,000 and $25,300, respectively. Inaddition, the fixed costs of the company amounted to $8,000. Calculate the contribution margin from each corporate customer. (Round your answer to the nearest cent.)
Intricate Computer Solutions provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 400 customers and earned $60,000 in revenue. The individual business segment provided services to 200 customers and earned $35,000 in revenue. The variable costs for the corporate and individual business segments amounted to $33,000 and $25,300, respectively. Inaddition, the fixed costs of the company amounted to $8,000. Calculate the contribution margin from each corporate customer. (Round your answer to the nearest cent.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Intricate Computer Solutions provides services to corporate and individual customers. During the month of June, the corporate business segment provided services to 400 customers and earned $60,000 in revenue. The individual business segment provided services to 200 customers and earned $35,000 in revenue. The variable costs for the corporate and individual business segments amounted to $33,000 and $25,300, respectively. Inaddition, the fixed costs of the company amounted to $8,000.
Calculate the contribution margin from each corporate customer. (Round your answer to the nearest cent.)
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