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In the month of June, Sandhill Hebert's Beauty Salon gave $4,000$ haircuts, shampoos, and hair colorings at an average price of $$35.$ During the month, fixed costs were $$17,500$ and variable costs were $80\%$ of sales.

$($a$)$

Your answer is correct.

Determine the contribution margin in dollars, per unit and as a ratio.

$($Round contribution margin per unit to $2$ decimal places, e$.$g$.$

$5\mathrm{.}75.)$

Contribution margin $

Unit contribution margin $

Contribution margin ratio

$\%$

eTextbook and Media

Attempts: $2$ of $3$ used

$($b$)$

Your answer is correct.

Using the contribution margin technique, compute the break$-$even point in dollars and in units.

Break$-$even point in dollars $

Break$-$even point in units

eTextbook and Media

Attempts: $2$ of $3$ used

$($c$)$

Compute the margin of safety in dollars and as a ratio.

Margin of safety

$

Margin of safety ratio

$\%$