Determine the contribution margin in dollars per unit and, Ask an Expert

Accounting

In the month of June, Paula's Beauty Salon gave 3,5000 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,800 and variable costs were 80% of sales.

(a) Determine the contribution margin in dollars, per unit and as a ratio.

(b) Using the contribution margin technique, compute the break-even point dollars and in units.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9439574

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