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In the month of June, New Day Spa served 500 clients at an average price of $100. During the month, fixed costs were $20,000
In the month of June, New Day Spa served 500 clients at an average price of $100. During the month, fixed costs were $20,000 and variable costs were 50% of sales. (a) Your Answer Correct Answer Your answer is correct. Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin LA $ 25,000 Contribution margin 50 per unit Contribution margin ratio 50 % eTextbook and Media Solution (b) Using the contribution margin technique, calculate the break-even point in dollars and in clients. Break-even point $ Break-even point clients Attempts: 3 of 3 used
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