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Take me to the text The Crazy Hair Salon provides special-occasion haircuts and generates average revenue of $53 per customer. The salon's fixed costs are
Take me to the text The Crazy Hair Salon provides special-occasion haircuts and generates average revenue of $53 per customer. The salon's fixed costs are $38,000 per year, which include rent, utilities and magazine subscriptions. Its variable costs are $21.20 per customer. Target operating income for the year is $95,000. Do not enter dollar signs or commas in the input boxes. a) Calculate the revenues needed to obtain the target operating income. Round the Contribution Margin ratio to 2 decimal places. Round all other answers to the nearest whole number. CM ratio: 1/2 Required CM: \$ Revenue: $ b) How many haircuts have to be provided to earn an operating income of $73,000 ? To break-even? Round up to the nearest whole unit. BEP: Haircuts to yield $73,000 : c) Calculate the operating income if 2,800 haircuts are provided. Round to the nearest whole number
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