Question DetailsNormal
$ 15.00
Compute the contribution margin for the Community Center
- From Business, General Business
Question posted by
- Tutor-571
- Rating : 51
- Grade : A+
- Questions : 1
- Solutions : 5085
- Blog : 0
- Earned : $6352.87
-The Mental Health program for the Community Center has just completed its fiscal year end. The program director determines that his program has revenue for the year of $1,210,000. He believes his variable expense amounts to $205,000 and he knows his fixed expense amounts to $1,100,000.
- 1. Compute the contribution margin for the Community Center Mental Health Program.
- 2. What does the result tell you about the program?
-The profit-volume (PV) ratio is also known as the contribution margin (CM) ratio. Use the same assumptions for the Community Center Mental Health Program. In addition to the contribution margin figures already computed, now compute the PV ratio (also known as the CM ratio).
-One more assumption will be added: the clinic had 35,000 visits.
- -1. In addition to the contribution margin figures already computed, now compute the PV ratio (also known as the CM ratio).
- 2. Add another column to your worksheet and compute the clinic's per-visit revenue and costs.
- 3. Create a Cost-Volume-Profit chart.
Available Answer
$ 15.00
[Solved] Compute the contribution margin for the Community Center
- This solution is not purchased yet.
- Submitted On 22 May, 2018 02:40:28
Answer posted by
- Tutor-571
- Rating : 51
- Grade : A+
- Questions : 1
- Solutions : 5085
- Blog : 0
- Earned : $6352.87
Community’s contribution margin
Contribution margin is evaluated by subtracting the selling price per unit mass from variable costs per unit mass but for our case it is the amount found from subtracting the variable c...
Attachment
Other Similar Questions
Tutor...
Individual or component costs of capital) Compute the cost of capital
Individual or component costs of capital) Compute the
cost...
Tutor...
Please compute the following ratios for as many years
Return on equity=Net income/Total stockholders’ equity
2015: 5933/46131 =12.86% 2014: 5908/43479=13.59%
Return on assets=Net Income/Total assets
2015:5933/421,853=1.41% 2014: 5908/402,529=1.48%
Net interest margin=Net i...
Tutor...
Compute the contribution margin for the Community Center
Community’s contribution margin
Contribution margin is evaluated by subtracting the selling price per unit mass from variable costs per unit mass but for our case it is the amount found from subtracting the variable costs ...
Brain...
Question:Assignment Instructions Compute their Cartesian product
# input lists
listA = [1,2,3]
listB = [4,5,6]
# list where we will store the output tuples of product
product = []
# below line picks one element at a time from listA
# and puts it into variable a, similarly next loop
for a...
Tutor...
Compute the unit cost of both the basic and deluxe toaster using both
Activity Based Approach
Basic Toaster
Engineering Support $4,543
Support $7,353
Setup costs $24,269
Prime Costs $20,000
Total Overhead $56,165
Volume 20000
Manufacturing Cost per Unit $2.81
...
The benefits of buying study notes from CourseMerits
Assurance Of Timely Delivery
We value your patience, and to ensure you always receive your homework help within the promised time, our dedicated team of tutors begins their work as soon as the request arrives.
Best Price In The Market
All the services that are available on our page cost only a nominal amount of money. In fact, the prices are lower than the industry standards. You can always expect value for money from us.
