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This is a Managerial accounting question. I am trying to figure out contribution margin per unit and the contribution ratio for a dog daycare,...
This is a Managerial accounting question. I am trying to figure out contribution margin per unit and the contribution ratio for a dog daycare, boarding and grooming business.
Day care: sale price of $18.00 per day with 22 dogs per day. The variable cost per unit is $9.97 I am getting 5.274 which I know is wrong.
Grooming: $25.00 per dog with 5 dogs a day. The variable cost is $4.74 and I am getting 5.274 which i know is wrong
Boarding: $35.00 per dog with 12 dogs a day. The variable cost is $7.36 and I am getting 3.396
Am I getting the correct numbers but I have to move the decimal point one place?
