Question
In the month of June, Wildhorse Spa served 535 clients at an average price of $115. During the month, fixed costs were $20,470 and variable
In the month of June, Wildhorse Spa served 535 clients at an average price of $115. During the month, fixed costs were $20,470 and variable costs were 60% of sales.
A) Determine the contribution margin in dollars, per unit, and as a ratio.
| Contribution margin | $ | ||
|---|---|---|---|
| Contribution margin | $ | per client | |
| Contribution margin ratio | % |
B) Using the contribution margin technique, calculate the break-even point in dollars and in clients.
| Break-even point | $ | ||
| Break-even point | clients |
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Auditing Physician Services Verifying Accuracy In Physician Services And E M Coding To Protect Medical Practices
Authors: Betsy Nicoletti
3rd Edition
0998498564, 978-0998498560
