Habitat Help Company Provides Cleaning Services to Commercial and Residential

question 6

Multiple Choice

Habitat Help Company provides cleaning services to commercial and residential customers.The commercial business segment provided services to 310 customers and the residential business segment provided services to 575 customers. $$\begin{array} { | l | r | r | r | } \hline & \text { Commercial } & \text { Residential } & { \text { Total } } \\\hline \text { Service Revenue } & \$ 91,000 & \$ 121,000 & \$ 212,000 \\\hline \text { Variable Costs } & 23,000 & 47,000 & 70,000 \\\hline \text { Fixed Costs } & \underline { 46,000 } & \underline { 48,000 } & \underline { 94,000 } \\\hline \text { Operating Income } & \$ 22,000 & \$ 26,000 & \$ 48,000 \\\hline\end{array}$$ What is the contribution margin ratio for Habitat Help Company? (Round answer to two decimal places.)

• A)77.36%
• B)22.64%
• C)66.98%
• D)55.66%

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Definitions:

Standards For Behaviour

Norms or criteria established by groups or societies to guide acceptable and expectable actions and conduct of individuals.

Work Generations

The categorization of employees into groups based on their birth year ranges, reflecting their shared experiences, values, and attitudes towards work.

Same Values

Involves the alignment of personal beliefs and principles with those of an organization or another individual.

Situational Attributions

The process of attributing a person's behavior to external or environmental factors.