The writer is very fast, professional and responded to the review request fast also. Thank you.
Flavio’s Fitness Club provides monthly memberships as well as personal training sessions. The
personal trainers earn 50% of the revenue for all personal training sessions. The Fitness Club also
sells nutrition products. Flavio’s general ledger accounts indicate the following for the year. The
front desk staff wages expense remains the same throughout the year.
Account Amount Account Amount
Membership revenue $125,000 Personal trainer wages expense ?
Personal training revenue $60,000 Space rental expense
$12,000
Product sales $65,000
Straight line depreciation
expense $6,000
Cost of product sold $40,000 Rental insurance expense $3,000
Front desk staff wages
expense $12,000
If a contribution margin income statement is prepared for the year, what is the amount of total
revenue?
A. $125,000
B. $185,000
C. $250,000
D. $290,000
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more