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In the month of June, Jose Hebert's Beauty Salon gave3,570haircuts, shampoos, and permanents at an average price of $31. During the month, fixed costs were
In the month of June, Jose Hebert's Beauty Salon gave3,570haircuts, shampoos, and permanents at an average price of $31. During the month, fixed costs were $16,930and variable costs were 75% of sales.
Contribution Margin $27,667.5
Contribution Margin per Unit $7.75
Contribution Margin ratio 25%
Using the contribution margin technique, compute the break-even point in dollars and in units.(Round answers to 0 decimal places)
Break-even point $ _____________
Break-even point (Units) ___________
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