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Business, 09.03.2020 23:45 lizdeleon248

In the month of June, Jose Hebert’s Beauty Salon gave 3,900 haircuts, shampoos, and permanents at an average price of $ 40 . During the month, fixed costs were $ 16,800 and variable costs were 75% of sales.

Required:

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

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