Reference no: EM132962884
Question - Hampton Internet Services is an Internet service provider for commercial and residential customers. The company provided the following data for its two types of customers for the month of August.
Data table
Commercial: Number of Customers 700, Service Revenue $77,000, Variable Costs 21,560, Contribution Margin 55,440
Residential: Number of Customers 1,100, Service Revenue 99,000, Variable Costs 41,580, Contribution Margin 57,420
Total: Number of Customers 1,800, Service Revenue 176,000, Variable Costs 63,140, Contribution Margin 112,680, Fixed Costs 55,000, Operating Income 57,860
Required - Calculate the contribution margin per customer. Begin by selecting the formula labels, then enter the amounts and calculate the contribution margin per customer for each business segment.
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