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Compute the margin of safety in dollars and as a ratio

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Problem - In the month of June, Paula's Beauty Salon gave 3,600 haircuts, shampoos, and permanents at an average price of $38. During the month, fixed costs were $13,984 and variable costs were 84% of sales.

Determine the contribution margin in dollars, per unit, and as a ratio.

Using the contribution margin technique, compute the break-even point in dollars and in units.

Compute the margin of safety in dollars and as a ratio.

Reference no: EM131774515

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