Question;In the month of June, Jose Hebert's Beauty Salon gave 4,000 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,800 and variable costs were 75% of sales.a. Determine the contribution margin in dollars, per unit and as a ratio.b. Using the contribution margin technique, compute the break-even point in dollars and in units.c. Compute the margin of safety in dollars and as a ratio.
Paper#37397 | Written in 18-Jul-2015Price : $22