In the month of march style salon services 580 clients at, Ask an Expert

Accounting

In the month of March, Style Salon services 580 clients at an average price of $180. During the month, fixed costs were $28,539 and variable costs were 65% of sales.

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

Contribution margin	$
Contribution margin per unit	$
Contribution margin ratio		%

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

Break-even sales		$
Break-even sales			units

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9958457

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