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1 jay\'s bicycles store buys bicucles on average for 600 and sells them on avera

ID: 2376483 • Letter: 1

Question

1  jay's bicycles store buys bicucles on average for 600 and sells them on average for 900.

he pays a sales commission of 10% of sales revenue to his sales staff. jay pay 1500$ a month rent for his store and also pay 3000 a month to his staff in addition to the commissions. jay sold 100 bicycles in June, for jay prepares a contribution magin income statement for the month of Jine. what whould be his contrribution margin ? the anser is (21000) but i need to know how to do it step by step.

thanks !


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