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Compute the contribution margin in dollars

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Question - In the month of June, Jose Hebert's Beauty Salon gave 4,200 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 - Compute the contribution margin in dollars, per unit, and as a ratio?

Reference no: EM133031051

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