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Question 30 In the month of April, Avante Salon gave 2,500 haircuts, shampoos, and permanents at an average price of $40. During the month, fixed
Question 30 In the month of April, Avante Salon gave 2,500 haircuts, shampoos, and permanents at an average price of $40. During the month, fixed costs were $20,000 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin (in dollars) Contribution margin (per unit) $ Contribution margin (ratio) Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even point (in dollars) Break-even point (in units) units Compute the margin of safety dollars and as a ratio Margin of safety in dollars Margin of safety ratio
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