problem1. Greenside Clinic has revenue totalling $3,500,000. The clinic has costs totalling $3,450,000. Of this amount, 40% is variable cost and 60% is fixed cost Evaluate the contribution margin for greenside clinic.
problem2. The mental health program for community centre has just completed its fiscal year end. The program director finds out that his program has revenue for the year of $1,210,000. He thinks his variable expenditure amounts to $205,000 and he knows his fixed expenditure amounts to $1, 100, 00.
a. Evaluate the contribution margin for the community centre mental health program.
b. What does the result tell you about the program?