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In the month of June, Mandeep's Beauty Salon gave 2,100 haircuts, shampoos and permanents at an average price of $32. During the month, fixed costs

In the month of June, Mandeep's Beauty Salon gave 2,100 haircuts, shampoos and permanents at an average price of $32. During the month, fixed costs were $13,700 and variable costs were 75% of sales.

Determine the contribution margin in dollars, per unit, and as a ratio. (Round contribution margin per unit to 2 decimal places, e.g. 5.27.)

Using the contribution margin technique, compute the break-even point in dollars and in units. (Round break even point in units to 0 decimal places, e.g. 5,275.)

Compute the margin of safety in dollars.

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