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Exercise 19-02 a-c (Video) In the month of June, Crane's Beauty Salon gave 3,000 haircuts, shampoos, and permanents at an average price of $30. During
Exercise 19-02 a-c (Video) In the month of June, Crane's Beauty Salon gave 3,000 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,200 and variable costs were 60% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit to 2 decimal places, e.g. 5.25.) Contribution margin $ Contribution margin per unit Contribution margin ratio % Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even point Break-even point units Compute the margin of safety in dollars and as a ratio. Margin of safety $ Margin of safety ratio %
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