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In June, Blossom Salon gave 4,800 haircuts, shampoos, and permanents at an average price of $50. During the month, fixed costs were $43,000 and variable
In June, Blossom Salon gave 4,800 haircuts, shampoos, and permanents at an average price of $50. During the month, fixed costs were $43,000 and variable costs were 80% of sales. (a) Your answer has been saved. See score details after the due date. Determine the contribution margin in dollars, per unit, and as a ratio. (Round per unit value to 2 decimal places, eg. 52.75 and final answer to O decimal places, e.g. 5,275) Contribution margin (in dollars) $ 48000 Contribution margin (per unit) $ 10.00 Contribution margin (ratio) 20 % (b) Using the contribution margin technique, compute the break-even sales dollars and sales units. Break-even sales dollars Break-even sales units Save for Later units Attempts: 1 of 1 used Attempts: 0 of 1 used Submit
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