Question
Take me to the text The Crazy Hair Salon provides special occasion haircuts and generates average revenue of $66 per customer. The salon's fixed costs
Take me to the text The Crazy Hair Salon provides special occasion haircuts and generates average revenue of $66 per customer. The salon's fixed costs are $42,000 per year, which include rent, utilities and magazine subscriptions. Its vanable costs are $16.50 per customer. Target operating income for the year is $102,000 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: Required CM: S Revenue: $ *% X b) How many haircuts have to be provided to earn an operating income of $66,000? To break-even? Round up to the nearest whole unit. BEP 849 Haircuts to yield $66,000 x Check Calculate the operating income if 2,900 haircuts are provided. Bound to the nearest whole number Operating Income: $101550 x Note: The "check button does not submit your attempt. To submit the attempt, go to the end of the quiz and click on the "submit all and finish" button.
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