Compute a fiscal year end revenue for the Medical Center using contribution charts, ratios, and volume

Compute a fiscal year end revenue for the Medical Center using contribution charts, ratios, and volume

Compute a fiscal year end revenue for the Medical Center using contribution charts, ratios, and volume

 

………………………..Answer preview……………………

Contribution margin indicates the difference between an organization’s sales and its variable expenses.

In this case, contribution revenue = $1,210,000 – $205,000

                                                = $1,005,000

The contribution margin is lower than the fixed cost. This situation shows that the company cannot afford to pay for its fixed costs……………………

APA

172 words

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