Question
Exercise 22-7 In the month of March, Style Salon services 560 clients at an average price of $120. During the month, fixed costs were $21,024
Exercise 22-7 In the month of March, Style Salon services 560 clients at an average price of $120. During the month, fixed costs were $21,024 and variable costs were 60% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. (Round answers to 0 decimal places, e.g. 1,225.) Contribution margin $ Contribution margin per unit $ Contribution margin ratio % LINK TO TEXT LINK TO TEXT Using the contribution margin technique, compute the break-even point in dollars and in units. (Round answers to 0 decimal places, e.g. 1,225.) Break-even sales $ Break-even sales units
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