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Tan-O-Rama is a local tanning salon. Its regression output is as follows: Intercept X Variable 1 Coefficients 4,621.07 2.87 Suppose that the company charges
Tan-O-Rama is a local tanning salon. Its regression output is as follows: Intercept X Variable 1 Coefficients 4,621.07 2.87 Suppose that the company charges $7.00 per tanning session. Required: 1. Calculate the unit contribution margin. 2. Calculate contribution margin ratio. 3. Calculate the total contribution margin if the shop books 1,350 tanning sessions this month.
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Managerial Accounting
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
1st Canadian Edition
978-0132490252, 132490250, 978-0176223311
