Solved

Dean Computer Services Provides Services to Corporate and Individual Customers

Question 132

Multiple Choice

Dean Computer Services provides services to corporate and individual customers.During the month of June,the corporate business segment provided services to 300 customers and earned $80,000 in revenue.The individual business segment provided services to 200 customers and earned $45,000 in revenue.The variable costs for the corporate and individual business segments amounted to $32,000 and $25,000,respectively.In addition,the fixed costs of the company amounted to $8,500.The contribution margin ratios of the corporate segment and individual segment are ________,respectively.(Round your answers two decimal places. )


A) 106.67% and 25.00%
B) 40.00% and 44.44%
C) 40.00% and 55.56%
D) 60.00% and 44.44%

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents