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In the month of August, Style studios gave 2,500 permanents, twists, and blowouts at an avergae of $50. During the month, fixed costs were $24,000
In the month of August, Style studios gave 2,500 permanents, twists, and blowouts at an avergae of $50. During the month, fixed costs were $24,000 and variable costs were 70% of sales. Calculate the following: Contribution Amount (Dollars) Contribution Margin (Per Unit) Contribution Margin (Ratio) Variable Cost (Per Unit) Breakeven (Units) Breakeven (Dollars) Margin of Safety (Dollars) Margin of Safety (Ratio) If fixed costs increase by $1,800, calculate the new breakeven (Units) Calculate the new Breakeven (Dollars)
Calculate the following:
Contribution Amount (Dollars)
Contribution Margin (Per Unit)
Contribution Margin (Ratio)
Variable Cost (Per Unit)
Breakeven (Units)
Breakeven (Dollars)
Margin of Safety (Dollars)
Margin of Safety (Ratio)
If fixed costs increase by $1,800, calculate the new breakeven (Units)
Calculate the new Breakeven (Dollars)
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