Question In the month of March, Style Salon services 600 clients at an average p

Question

Question In the month of March, Style Salon services 600 clients at an average price of $100. During the month, fixed costs were $14,454 and variable costs were 67% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. (Round answers to O decimal places, e.g. 1,225.) Contribution margin Contribution margin per unit Contribution margin ratio LINK TO TEXT LINK TO TEXT Using the contribution margin technique, compute the break-even point in dollars and in units. (Round answers to 0 decimal places, e.g. 1,225.) Break-even sales Break-even sales units

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer    Statementshowing Computations Paticulars Amount Sales price per unit                  100.00 Less Variable Expenses = 100 * 67%                  (67.00) Contribution Margin per unit                     33.00 Total contribution margin = 33*600            19,800.00 Contribution margin ratio = 33/100 33.00% Fixed cost            14,454.00 Break even sales in units= 14,454/33                  438.00 Break even sales in $ = 438 * 100            43,800.00

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