Answer Happy

In the month of June, Sheridan's Beauty Salon gave 3,000 haircuts, shampoos, and permanents at an average price of $50. During the month, fixed costs were $18,000 and variable costs were 70% 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. 5.25.) Contribution margin $ Contribution margin per unit Contribution margin ratio % Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even point $ Break-even point units
Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even point $ Break-even point units Compute the margin of safety in dollars and as a ratio. Margin of safety $ Margin of safety ratio %