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In the month of June, Paula's Beauty Salon gave 3,700 haircuts, shampoos, and permanents at an average price of $34. During the month, fixed costs
In the month of June, Paula's Beauty Salon gave 3,700 haircuts, shampoos, and permanents at an average price of $34. During the month, fixed costs were $13,600 and variable costs were 80% 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. 10.50, and the other answers to 0 decimal places, e.g. 125.) Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio % Using the contribution margin technique, compute the break-even point in dollars and in units. (Round answers to 0 decimal places, e.g. 125.) Break-even point in dollars $ Break-even point in units Compute the margin of safety in dollars and as a ratio. (Round answers to 0 decimal places, e.g. 125.) Margin of safety in dollars $ Margin of safety ratio %
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