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In the month of June, Sandhill Hebert's Beauty Salon gave 4 , 0 0 0 haircuts, shampoos, and hair colorings at an average price of
In the month of June, Sandhill Hebert's Beauty Salon gave haircuts, shampoos, and hair colorings at an average price of $ During the month, fixed costs were $ and variable costs were of sales.
a
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Determine the contribution margin in dollars, per unit and as a ratio. Round contribution margin per unit to decimal places, e
Contribution margin
Unit contribution margin
Contribution margin ratio
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b
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Using the contribution margin technique, compute the breakeven point in dollars and in units.
Breakeven point in dollars
Breakeven point in units
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c
Compute the margin of safety in dollars and as a ratio.
Margin of safety
Margin of safety ratio
eTextbook and Media
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