Bricks,Inc.provides architectural services.The company provides the following financial data:
$\begin{array}{ll}
\text { Service Revenue } & \$ 30,000 \
\text { Salaries and Other Variable Costs } & 20,350 \
\text { Rent Expense } & 4,500 \
\text { Depreciation Expense } & 500
\end{array}$ Requirements:
a)Calculate the contribution margin,contribution margin ratio,and operating income.
b)Bricks provided service to 150 customers during the month.Determine the average amount the company charged each customer.

Question

Bricks,Inc.provides architectural services.The company provides the following financial data:
 $\begin{array}{ll}
\text { Service Revenue } & \$ 30,000 \
\text { Salaries and Other Variable Costs } & 20,350 \
\text { Rent Expense } & 4,500 \
\text { Depreciation Expense } & 500
\end{array}$ Requirements:
a)Calculate the contribution margin,contribution margin ratio,and operating income.
b)Bricks provided service to 150 customers during the month.Determine the average amount the company charged each customer.

Quizplus · Accepted Answer

The Answer of Bricks,Inc.provides architectural services.The company provides the following financial data:
 $\begin{array}{ll}
\text { Service Revenue } & \$ 30,000 \
\text { Salaries and Other Variable Costs } & 20,350 \
\text { Rent Expense } & 4,500 \
\text { Depreciation Expense } & 500
\end{array}$ Requirements:
a)Calculate the contribution margin,contribution margin ratio,and operating income.
b)Bricks provided service to 150 customers during the month.Determine the average amount the company charged each customer.

Bricks,Inc Requirements: A)Calculate the Contribution Margin,contribution Margin Ratio,and Operating Income

Bricks,Inc Requirements:
A)Calculate the Contribution Margin,contribution Margin Ratio,and Operating Income