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Question 1 In the month of June, Mandeep's Beauty Salon gave 2,800 haircuts, shampoos and permanents at an average price of $31. During the month,
Question 1 In the month of June, Mandeep's Beauty Salon gave 2,800 haircuts, shampoos and permanents at an average price of $31. During the month, fixed costs were $18,700 and variable costs were 75% of sales. a. Your answer has been saved and sent for grading. See Gradebook for score details. Determine the contribution margin in dollars, per unit, and as a ratio. (Round contribution margin per unit to 2 decimal places, e.g. 5.27.) Contribution margin (in dollars) Contribution margin (per unlt) Contribution margin (ratio) 21700 Attempts: 1 o 1 used Using the contribution margin technique, compute the break-even point in dollars and in units. (Round break even point in units to o decimal places, e.g. 5,275.) Break-even point (in dollars) $ Break-even point (in units) Attempts: 0 ol 1 used SAVE FOR LATER Question 1 In the month of June, Mandeep's Beauty Salon gave 2,800 haircuts, shampoos and permanents at an average price of $31. During the month, fixed costs were $18,700 and variable costs were 75% of sales. a. Your answer has been saved and sent for grading. See Gradebook for score details. Determine the contribution margin in dollars, per unit, and as a ratio. (Round contribution margin per unit to 2 decimal places, e.g. 5.27.) Contribution margin (in dollars) Contribution margin (per unlt) Contribution margin (ratio) 21700 Attempts: 1 o 1 used Using the contribution margin technique, compute the break-even point in dollars and in units. (Round break even point in units to o decimal places, e.g. 5,275.) Break-even point (in dollars) $ Break-even point (in units) Attempts: 0 ol 1 used SAVE FOR LATER
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