In the month of June, Angela’s Beauty Salon gave 3,500 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. Determine the contribution margin in dollars, per uni
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In the month of June, Angela’s Beauty Salon gave 3,500 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.
Determine the contribution margin in dollars, per unit, and as a ratio.
Contribution margin in dollars $
Contribution margin per unit $
Contribution margin ratio %
Using the contribution margin technique, compute the break-even point in dollars and in units.
Break-even point in dollars $
Break-even point in units
Compute the margin of safety in dollars and as a ratio.
Margin of safety in dollars $
Margin of safety ratio %
11 years ago
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