Intricate Computer Solutions Provides Services to Corporate and Individual Customers

question 125

Multiple Choice

Intricate Computer Solutions provides services to corporate and individual customers.During the month of June,the corporate business segment provided services to 300 customers and earned $70,000 in revenue.The individual business segment provided services to 300 customers and earned $40,000 in revenue.The variable costs for the corporate and individual business segments amounted to $33,000 and $25,100,respectively.In addition,the fixed costs of the company amounted to $8000.Calculate the contribution margin from each corporate customer.(Round your answer to the nearest cent.)

• A)$49.67
• B)$96.67
• C)$23.00
• D)$123.33

---

Definitions:

Ordinal Data

Ordinal data is a type of categorical data with a set order or scale, but without a standardized difference between the categories, such as rankings or levels of satisfaction.

Ordered

Arranged or organized in a sequence according to some specific rule or set of rules.

Ranked

The process or result of ordering or classifying entities based on criteria or measurements to establish a hierarchy or priority.

Interval Data

A type of numerical data that contains meaningful distances between measurements, but no true zero point.