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In the month of June, Sheridan Hebert's Beauty Salon gave 4 , 0 0 0 haircuts, shampoos, and hair colorings at an average price of

In the month of June, Sheridan Hebert's Beauty Salon gave 4,000 haircuts, shampoos, and hair colorings at an average price of $35.
During the month, fixed costs were $17,500 and variable costs were 75% of sales.
(a)
Your answer is partially correct.
Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit to 2 decimal
places, e.g.5.75.)
Contribution margin
$
Unit contribution margin
$
Contribution margin ratio
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