Welcome Services Inc

Essay

Welcome Services Inc.provides catering services.The company has three segments-Standard,Deluxe,and Premium.The company provides the following data for its three segments for the month of July:
The business segments had the following number of customers: Standard,30; Deluxe,20; and Premium,40.The total fixed costs for the month amounts to $2,500.
Requirements:
a)Calculate the contribution margin ratio for each business segment.
b)Compute the service revenue per customer,variable cost per customer,and contribution margin per customer for each business segment.