High-Tech Computer Services Provide Services to Corporate and Individual Customers

question 32

Multiple Choice

High-Tech Computer Services provide services to corporate and individual customers.During the month of June,the corporate business segment provided services to 500 customers and earned $60,000 in revenue.The individual business segment provided services to 400 customers and earned $35,000 in revenue.The variable costs for the corporate and individual business segment amounted $32,500 and $25,300,respectively.Additionally,the fixed costs of the company amounted to $8,500.Calculate the contribution margin from each corporate customer.

• A)$24.25
• B)$52.60
• C)$56.40
• D)$55.00

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Definitions:

Amps

Short for amperes, a unit of measure for electrical current strength.

Starter Control Circuit

An electrical circuit that controls the operation of the vehicle's starter motor.

Ignition Switch

A device in a vehicle that initiates the engine's operation by connecting the electrical circuit to start the engine.

Ballast Resistor

A passive electronic component used to limit the amount of current in an electrical circuit.