(Answered) Problemin the month of june jose heberts beauty salon gave

Accounting

Problem

In the month of June, Jose Hebert's Beauty Salon gave 3,620 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $19,600 and variable costs were 60% of sales.

Determine the contribution margin in dollars, per unit, and as a ratio. (Round the contribution ratio to 0 decimal places, e.g. 27%, contribution margin per unit to 2 decimal places, e.g. 15.25 and answer to the nearest whole dollar, e.g. 5,275.)

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