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Exercise 19-02 a-c (Video) In the month of June, Crane's Beauty Salon gave 5,000 haircuts, shampoos, and permanents at an average price of $45. During
Exercise 19-02 a-c (Video) In the month of June, Crane's Beauty Salon gave 5,000 haircuts, shampoos, and permanents at an average price of $45. During the month, fixed costs were $18,000 and variable costs were 80% 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 % LINK TO TEXT VIDEO: SIMILAR EXERCISE Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even point Break-even point units LINK TO TEXT VIDEO: SIMILAR EXERCISE Compute the margin of safety in dollars and as a ratio. Margin of safety $ Margin of safety ratio % LINK TO TEXT VIDEO: SIMILAR EXERCISE By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor
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