Question
In the month of March, Style Salon services 560 clients at an average price of $120. During the month, fixed costs were $21,024 and variable
In the month of March, Style Salon services 560 clients at an average price of $120. During the month, fixed costs were $21,024 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 | $enter your answer in dollars | ||
---|---|---|---|
Contribution margin per unit | $enter your answer in dollars | ||
Contribution margin ratio | enter your answer in percentages | % |
eTextbook and Media
Using the contribution margin technique, compute the break-even point in dollars and in units.
Break-even sales | $enter your answer in dollars | ||
---|---|---|---|
Break-even sales | enter a number of units | units |
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