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Question 6 Take me to the text Not checked Marked out of 6.00 Hairs to You provides special occasion haircuts and generates average revenue of
Question 6 Take me to the text Not checked Marked out of 6.00 Hairs to You provides special occasion haircuts and generates average revenue of $76 per customer. The salon's fixed costs are $53,000 per year, which include rent, utilities and magazine subscriptions. Its variable costs are $19.00 per customer. Target operating profit for the year is $100,000. Do not enter dollar signs or commas in the input boxes. P Flag question a) Calculate the revenues needed to obtain the target operating profit. Round the Contribution Margin ratio to 2 decimal places. Round all other answers to the nearest whole number. CM ratio: Required CM: $ Revenue: $ b) How many haircuts have to be provided to earn an operating profit of $75,000? To break-even? Round up to the nearest whole unit. BEP: Haircuts to yield $75,000: M Contact us! c) Calculate the operating profit if 4,000 haircuts are provided. Round to the nearest whole number. a) Calculate the revenues needed to obtain the target operating profit. Round the Contribution Margin ratio to 2 decimal places. Round all other answers to the nearest whole number. CM ratio: Required CM: $ Revenue: $ b) How many haircuts have to be provided to earn an operating profit of $75,000? To break-even? Round up to the nearest whole unit. BEP: Haircuts to yield $75,000: c) Calculate the operating profit if 4,000 haircuts are provided. Round to the nearest whole number. Operating Profit: $ Check M Contact us
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