Details of this Paper

1.In the month of June, Paula's Beauty Salon gave...

Description

Solution


Question

1.In the month of June, Paula's Beauty Salon gave 3,800 haircuts, shampoos, and permanents at an average price of $32. During the month, fixed costs were $17,664 and variable costs were 77% of sales. . Determine the contribution margin in dollars, per unit, and as a ratio. (Round contribution margin per unit to 2 decimal places, e.g. 10.50, and the other answers to 0 decimal places, e.g. 125.) . Using the contribution margin technique, compute the break-even point in dollars and in units. (Round answers to 0 decimal places, e.g. 125.) 2. Tiger Golf Accessories sells golf shoes, gloves, and a laser-guided range-finder that measures distance. Shown below are unit cost and sales data. Pairs of Shoes: Unit sales price: $110 Unit variable costs $70 Unit contribution margin $40 Sales mix 30%, Pairs of Cloves: Unit Sales price $30 Unit variable costs $10 Unit contribution margin $20 Sale mix 40% Range finder: Unit sales price $260 Unit variable costs $190 Unit contribution margin $70 Sales mix 30% Fixed costs are $773,260. . Compute the break-even point in units for the company. (Round computation for weighted-average contribution margin to 2 decimal places, e.g. 10.50, and final answer to 0 decimal places, e.g. 125.) . Determine the number of units to be sold at the break-even point for each product line. (Round answers to 0 decimal places, e.g. 125.)

 

Paper#6566 | Written in 18-Jul-2015

Price : $25
SiteLock