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Required information drape/ DLE Knowledge Check 01 Fireplace Service company provides fireplace cleaning services and has variable costs of $100 per fireplace cleaning and revenue of $250. Their contribution margin is $ Contribution mar Required information Analysis of contribution margin ratio by sales territory can impact Ice Age's business decisions such as: Knowledge Check 01 If sales are $1,000,000 and contribution margin is $250,000, the contribution margin ratio is Contribution margin ratio 5%

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According to the cleaning and revenue costs, the contribution margin is $150.

What is contribution margin?

With variable expenses of $100 for each fireplace cleaning and revenue of $250, the Fireplace Service Company offers fireplace cleaning services.

The amount of income that remains after variable costs are subtracted is referred to as the contribution margin.

Revenue less variable costs equals contribution margin. The formula for calculating the contribution margin ratio is (Revenue - Variable Costs) / Revenue.venue minus variable costs equals contribution margin.

Therefore, the contribution margin in this case is:

= 250 - 100

= $150

The contribution margin is therefore $150.

According to the cleaning and revenue costs, the contribution margin is $150.

The complete question is

Required information drape/ DLE Knowledge Check 01  Fireplace Service company provides fireplace cleaning services and has variable costs of $100 per fireplace cleaning and revenue of $250. Their contribution margin is $_____.

To learn more about contribution margin refer to:

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