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. In the month of March, Sandhill Salon serviced 630 clients at an average price of $180. During the month, fixed costs were $40,500 and
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In the month of March, Sandhill Salon serviced 630 clients at an average price of $180. During the month, fixed costs were $40,500 and variable costs were 55% of sales. (a) Determine the total contribution margin in dollars, the unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio %Step by Step Solution
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