In the month of march picard spa services 500 clients at an, Ask an Expert

Accounting

In the month of March, Picard Spa services 500 clients at an average price of $120. During the month, fixed costs were $21,600 and variable costs were 60% of sales.

Instructions

Determine the contribution margin in dollars, per unit, and as a ratio.
Using the contribution margin technique, compute the break-even point in dollars and in units.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9957511

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