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In the month of June, Jose Heberts Beauty Salon gave 3,590 haircuts, shampoos, a

ID: 2507869 • Letter: I

Question

In the month of June, Jose Heberts Beauty Salon gave 3,590 haircuts, shampoos, and permanents at an average price of $39. During the month, fixed costs were $16,580 and variable costs were 75% of sales.
LINK TO TEXT In the month of June, Jose Heberts Beauty Salon gave 3,590 haircuts, shampoos, and permanents at an average price of $39. During the month, fixed costs were $16,580 and variable costs were 75% of sales. LINK TO TEXT LINK TO TEXT LINK TO TEXT In the month of June, Jose Heberts Beauty Salon gave 3,590 haircuts, shampoos, and permanents at an average price of $39. During the month, fixed costs were $16,580 and variable costs were 75% of sales.
LINK TO TEXT In the month of June, Jose Hebert's Beauty Salon gave 3,590 haircuts, shampoos, and permanents at an average price of $39. During the month, fixed costs were $16,580 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g. $5.25 & 10.50%.)

Explanation / Answer

Jose Hebert

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