Wildhorse's Nursery provides and maintains live plants in office buildings. The company's 131 customers are charged $145 per month for this service, which includes weekly watering visits. The variable cost to service a customer's location is $33 per month. The company incurs $3,100 each month to maintain its equipment and service vans and $4,100 each month in salaries. Wildhorse pays a CPA firm $16 per customer for accounting services. (a) ✓ Your answer is correct. Prepare Wildhorse's contribution format income statement for the month (b) Revenue $ Variable Cost Contribution Margin Fixed Cust ✔ U Operating tromme IM Textbook and Media $ What is the expected monthly op 18995 6419 12576 7200 5376 are added?
Wildhorse's Nursery provides and maintains live plants in office buildings. The company's 131 customers are charged $145 per month for this service, which includes weekly watering visits. The variable cost to service a customer's location is $33 per month. The company incurs $3,100 each month to maintain its equipment and service vans and $4,100 each month in salaries. Wildhorse pays a CPA firm $16 per customer for accounting services. (a) ✓ Your answer is correct. Prepare Wildhorse's contribution format income statement for the month (b) Revenue $ Variable Cost Contribution Margin Fixed Cust ✔ U Operating tromme IM Textbook and Media $ What is the expected monthly op 18995 6419 12576 7200 5376 are added?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me with only part b thanku
Transcribed Image Text:Wildhorse's Nursery provides and maintains live plants in office buildings. The company's 131 customers are charged $145 per month
for this service, which includes weekly watering visits. The variable cost to service a customer's location is $33 per month. The
company incurs $3,100 each month to maintain its equipment and service vans and $4,100 each month in salaries. Wildhorse pays a
CPA firm $16 per customer for accounting services.
(a)
Prepare Wildhorse's contribution format income statement for the month.
(b)
Your answer is correct
Revenue
$
Variable Cost
Contribution Margin
Fixed Cust
Operative Income
4
v
eTextbook and Media
✔
What is the expected mont
Seve for Later
e Textbook and Media
18995
6419
12576
7200
5376
stomers are added?
12
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