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Profitability Analysis Assume Strands Salon, a San Diego hair salon, provides cuts, perms, and hairstyling services. Annual fixed costs are ( $ 2
Profitability Analysis Assume Strands Salon, a San Diego hair salon, provides cuts, perms, and hairstyling services. Annual fixed costs are $ and variable costs are percent of sales revenue. Last year's revenues totaled $ a Determine its breakeven point in sales dollars. Round your answer to the nearest dollar. $ b Determine last year's margin of safety in sales dollars. Round your answer to the nearest dollar. $ c Determine the sales dollar volume required for an annual pretax profit of $ Round your answer to the nearest dollar. $ Assume Strands Salon, a San Diego hair salon, provides cuts, perms, and hairstyling services. Annual
fixed costs are $ and variable costs are of sales revenue. Last year's revenues totaled
$
Required
a Determine its breakeven point in sales dollars.
b Determine last year's margin of safety in sales dollars.
c Determine the sales dollar required for an annual pretax profit of $
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