Cut This and That provides special-occasion haircuts and generates average revenue of $75 per customer. The salons fixed costs are $39,000 per year, which include rent, utilities and magazine subscriptions. Its variable costs are $22.50 per customer. Target operating profit for the year is $103,000.

Do not enter dollar signs or commas in the input boxes.

a) Calculate the revenues needed to obtain the target operating profit.
Round the Contribution Margin ratio to 2 decimal places. Round all other answers to the nearest whole number.

CM ratio: Answer%
Required CM: $Answer
Revenue: $Answer

b) How many haircuts have to be provided to earn an operating profit of $63,000? To break-even?
Round up to the nearest whole unit.

BEP: Answer
Haircuts to yield $63,000: Answer

c) Calculate the operating profit if 4,500 haircuts are provided.
Round to the nearest whole number.

Operating Profit: $Answer