Question
In the month of June, New Day Spa served520clients at an average price of $115. During the month, fixed costs were $19,780and variable costs were60%
In the month of June, New Day Spa served520clients at an average price of $115. During the month, fixed costs were $19,780and variable costs were60% of sales.
Determine the contribution margin in dollars, per unit, and as a ratio.
Contribution margin $
Contribution margin: per unit
Contribution margin ratio %
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Managerial Accounting
Authors: Carl S Warren, James M Reeve, Jonathan Duchac
12th Edition
1133952402, 978-1133952404
