In June, Wildhorse Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $ 50. During the month, fixed costs were $ 31,000 and variable costs were 80% of sales. Determine the...


In June, Wildhorse Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $ 50. During the month, fixed costs<br>were $ 31,000 and variable costs were 80% of sales.<br>Determine the contribution margin in dollars, per unit, and as a ratio. (Round per unit value to 2 decimal places, e.g. 52.75 and final<br>answer to 0 decimal places, e.g. 5,275.)<br>Contribution margin (in dollars)<br>2$<br>Contribution margin (per unit)<br>Contribution margin (ratio)<br>%<br>Using the contribution margin technique, compute the break-even sales dollars and sales units.<br>Break-even sales dollars<br>$<br>Break-even sales units<br>units<br>Compute the margin of safety dollars and as a ratio. (Round answers to 0 decimal places, e.g. 5,275.)<br>Margin of safety in dollars<br>$<br>Margin of safety ratio<br>%24<br>

Extracted text: In June, Wildhorse Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $ 50. During the month, fixed costs were $ 31,000 and variable costs were 80% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. (Round per unit value to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.) Contribution margin (in dollars) 2$ Contribution margin (per unit) Contribution margin (ratio) % Using the contribution margin technique, compute the break-even sales dollars and sales units. Break-even sales dollars $ Break-even sales units units Compute the margin of safety dollars and as a ratio. (Round answers to 0 decimal places, e.g. 5,275.) Margin of safety in dollars $ Margin of safety ratio %24

Jun 10, 2022
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