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In the month of June, ivanhoe Herberts beauty salon gave 3,500 haircuts, shampoos, and hair colorings at an average price of $50. During the month,

In the month of June, ivanhoe Herberts beauty salon gave 3,500 haircuts, shampoos, and hair colorings at an average price of $50. During the month, fixed costs were $17,500 and variable costs were 80% of sales.

Determine the contribution margin in dollars, per unit, and as a ratio.

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