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Please give answer for wrong ones. Exercise 19-02 a-c (Video) In the month of June, Oriole's Beauty Salon gave 3,200 haircuts, shampoos, and permanents at
Please give answer for wrong ones.
Exercise 19-02 a-c (Video) In the month of June, Oriole's Beauty Salon gave 3,200 haircuts, shampoos, and permanents at an average price of $45. During the month, fixed costs were $18,000 and variable costs were 75% of sales. Your answer is correct. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit to 2 decimal places, e.g. 5.25.) Contribution margin 36000 Contribution margin per unit 11.25 Contribution margin ratio 25 % SHOW SOLUTION LINK TO TEXT VIDEO: SIMILAR EXERCISE x Your answer is incorrect. Try again. Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even point 1600 E Break-even point 72,000 units Your answer is correct. Compute the margin of safety in dollars and as a ratio. Margin of safety 72,000 Margin of safety ratio 50 %Step by Step Solution
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