15) Bricks Inc. provides architectural services.
Salary and Other Variable Costs20,350
a) Calculate the contribution margin, contribution margin ratio, and operating income.
b) Bricks provided service to 150 customers during the month. Determine the average amount the company charged each customer.
16) Home-Plus Inc. has two business segments—Commercial and Residential. The following data has been provided for the year 2014.
The company incurred $1,500 as fixed costs.
a) Prepare the income statement of Home-Plus showing the contribution margin of each segment.
b) Calculate the contribution margin ratio of each segment. Which segment is more profitable and