Jerry's Weight Loss Clinic personal counseling services and monthly memberships. The counselors earn...
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Accounting
Jerry's Weight Loss Clinic personal counseling services and monthly memberships. The counselors earn 50% of the revenue for all counseling sessions. The Clinic also sells nutrition products. Jerry's general ledger accounts indicate the following for the year: Amount Account Membership revenue Counseling revenue Product sales Cost of product sold Front desk staff wages expense Amount Account $145,899 Counseling wages expense $78,000 Space rental expense $69,225 Straight line depreciation expense $32,500 Rental insurance expense $11,911 $5,925 $3,625 $16,200 The front desk staff wages expense remains the same throughout the year. If a contribution margin income statement is prepared for the year, what is operating income? None of the items in this list of answers. $221,624 $183,963 $255,463 $293,124
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