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

Accounting

Problem

In the month of June, Jose Hebert's Beauty Salon gave 4,500 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,500 and variable costs were 75% of sales.

1. Determine the contribution margin in dollars, per unit and as a ratio.
2. Using the contribution margin technique, compute the break-even point in dollars and in units.
3. Compute the margin of safety in dollars and as a ratio.

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