Hi expert please give me answer general accounting Sarah Martinez opened a yoga studio where she charges $7.50 per classper person. For each participant, she provides a yoga mat rental and aherbal tea at a cost of $3.25 per person. Sarah employs two part-timeyoga instructors at $1,450 per month each. She pays herself a monthlysalary of $3,800. Other monthly fixed costs include $2,200 for rent,$1,100 for equipment depreciation, and $1,600 for utilities andinsurance.A. What is Sarah's contribution margin per unit?B. What is Sarah's contribution margin ratio?

Step 1: Definition of Contribution MarginThe contribution margin is the amount remaining from sales…

Answered: Sarah Martinez opened a yoga studio…

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter5: Introduction To Business Expenses

Section: Chapter Questions

Problem 56P: Hassad owns a rental house on Lake Tahoe. He uses a real estate firm to screen prospective renters,...

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