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In the month of March, Blossom Salon services 550 clients at an average price of $100. During the month, fixed costs were $17,520 and variable
In the month of March, Blossom Salon services 550 clients at an average price of $100. During the month, fixed costs were $17,520 and variable costs were 60% of sales.
Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio.
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.
Break-even sales | $ | ||
Break-even sales |
| units |
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