Posted: January 23rd, 2017
Calculate the a) Contribution Margin; b) Total dollar contribution margin; and, c) Contribution Margin percentage.
An imaging center has the following information:
Revenue per test: $225 Variable cost per test: $150 Total fixed costs: $225,000 Estimated number of tests = 3,500
Calculate the a) Contribution Margin; b) Total dollar contribution margin; and, c) Contribution Margin percentage.
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