Question
In the month of March, Pharoah Salon services630clients at an average price of $100. During the month, fixed costs were $14,880and variable costs were68% of
In the month of March, Pharoah Salon services630clients at an average price of $100. During the month, fixed costs were $14,880and variable costs were68% of sales.
Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio.
Contribution margin in dollars$ _________
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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