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In June, Sunland Salon gave 3,900 haircuts, shampoos, and permanents at an average price of $45. During the month, fixed costs were $33,750 and variable
In June, Sunland Salon gave 3,900 haircuts, shampoos, and permanents at an average price of $45. During the month, fixed costs were $33,750 and variable costs were 75% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round per unit value to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) Contribution margin (in dollars) $ Contribution margin (per unit) $ Contribution margin (ratio) % Save for Later Attempts: 0 of 1 used Submit
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