In the month of March, Riverbed Salon services570clients at an average price of $150. During the month,
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Question:
In the month of March, Riverbed Salon services570clients at an average price of $150. During the month, fixed costs were $28,800and variable costs were68% of sales.
(a)
Determine the contribution margin in dollars, per unit, and as a ratio.
Contribution margin
$
enter a dollar amount
Contribution margin per unit
$
enter a dollar amount
Contribution margin ratio
enter percentages
%
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