Jeans's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers eam 50% of the revenue for all personal training sessions. The Finess Club also sell nutrition products Jeans's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year Account Membership revenue Personal training revenue Product sales Cost of product sold Front desk staff wages expense If a contribution margin income statement is prepared for the year, what is the contribution margin? OA $200.500 OB. $78,500 OC. $200,000 OD. $366,500 Amount $142.000 $77,000 $69.000 $40,000 $17,000 Account Personal trainer wages expense Space rental expense Straight line depreciation expense Rental insurance expense Amount $11,000 $6,000 $3,000
Jeans's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers eam 50% of the revenue for all personal training sessions. The Finess Club also sell nutrition products Jeans's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year Account Membership revenue Personal training revenue Product sales Cost of product sold Front desk staff wages expense If a contribution margin income statement is prepared for the year, what is the contribution margin? OA $200.500 OB. $78,500 OC. $200,000 OD. $366,500 Amount $142.000 $77,000 $69.000 $40,000 $17,000 Account Personal trainer wages expense Space rental expense Straight line depreciation expense Rental insurance expense Amount $11,000 $6,000 $3,000
Cornerstones of Cost Management (Cornerstones Series)
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ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
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Chapter17: Activity Resource Usage Model And Tactical Decision Making
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Problem 6E: Elliott, Inc., has four salaried clerks to process purchase orders. Each clerk is paid a salary of...
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![Jeans's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers eam 50% of the revenue for all personal training sessions. The Finess Club also sells nutrition
products Jeans's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year
Account
Membership revenue
Personal training revenue
Product sales
Cost of product sold
Front desk staff wages expense
If a contribution margin income statement is prepared for the year, what is the contribution margin?
OA $200.500
OB. $78,500
OC $200,000
OD. $366,500
Amount
$142.000
$77,000
$69.000
$40,000
$17,000
Account
Personal trainer wages expense
Space rental expense
Straight line depreciation expense
Rental insurance expense
Amount
2
$11,000
$6,000
$3,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F08e24e48-d4cc-44d4-8a70-ed9111cc9f1b%2F336f5833-fa7c-4315-9c87-574ae26763f8%2F5l1r5ca_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Jeans's Fitness Club provides monthly memberships as well as personal training sessions. The personal trainers eam 50% of the revenue for all personal training sessions. The Finess Club also sells nutrition
products Jeans's general ledger accounts indicate the following for the year. The front desk staff wages expense remains the same throughout the year
Account
Membership revenue
Personal training revenue
Product sales
Cost of product sold
Front desk staff wages expense
If a contribution margin income statement is prepared for the year, what is the contribution margin?
OA $200.500
OB. $78,500
OC $200,000
OD. $366,500
Amount
$142.000
$77,000
$69.000
$40,000
$17,000
Account
Personal trainer wages expense
Space rental expense
Straight line depreciation expense
Rental insurance expense
Amount
2
$11,000
$6,000
$3,000
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