Question - MousePad Computer Company, in addition to its retail sales, conducts night classes in computer technology. MousePad has provided you the following information:
Number of students 100
Revenue per student $450
Student-related variable costs $100 per student
Salary for three instructors $1,810 each
Administrative costs $32 per student
Maintenance on building $15,190 per year
Construct a contribution margin format income statement.