Olivia's Fitness Studio offers yoga classes for $12 per session. Each participant receives a yoga mat rental and a bottle of water, costing $3.50 per person. Olivia pays her instructors $2,500 per month and incurs monthly fixed costs of $4,800 for rent, utilities, and insurance. A. What is Olivias contribution margin per unit? B. What is Olivias contribution margin ratio?
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- Natasha is considering moving into a one-bedroom apartment in Winter Gardens. The apartment has a monthly rent of $1,750. Here are the fees that she has been quoted. How much is she expected to pay up front to rent this apartment? Application fee: 3% of 1 month's rent Credit application fee: $30 Security deposit: 1 month's rent Last month's rent Broker's fee: 9% of 1 year's rentJudi Pendergrass is an account representative at Ever Pharmaceuticals. She has a company car for customer visits, which she uses to commute from home to work on Monday mornings and work to home on Friday nights, 50 weeks per year. Her commute is 23 miles each direction. Required:Using the commuting rule, what is the valuation of the fringe benefit? Value of fringe benefitPlease help me with this question, I don't understand it, thank-you
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