Determine the contribution margin in dollars

Reference no: EM13149431

In the month of June, Paula's Beauty Salon gave 3,5000 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,800 and variable costs were 80% of sales.

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

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

Reference no: EM13149431

Questions Cloud

What does friedman mean when he says earth is becomming hot : What does Friedman mean when he says the Earth is becomming "hot, flat, and crowded?" Describe three of the key problems that Friedman identifies in the book and explin why they re important.

Test the claim by random sampling hgh school boys : Test the claim by random sampling 60 hgh school boys. Researcher found 54 boys have a cell phone at a = 0.01. Should the claim be rejected?

What are the contransduction frequencies : A three-factor cross in Salmonella typhimurium was performed using bacteriophage P22. The cross was between an arg-leu-his- recipient bacterium and bacteriophage P22, which was grown on an arg+leu+his+ strain. 1000 arg+ transductants were selected..

Discussion board area : Primary Task Response: Within the Discussion Board area, write 300-400 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and..

Determine the contribution margin in dollars : Determine the contribution margin in dollars, per unit and as a ratio. Using the contribution margin technique, compute the break-even point dollars and in units. Compute the margin of safety in dollars and as a ratio.

What are soft laws : What are soft laws? What are the advantages and disadvantages of soft laws? Why are soft laws sometimes the outcome of negotiations on global environmental regimes?

Why do most negotiations for globl environmental regimes end : What are the advantages and disadvantages to a two-stage approach to negotians? Why do most negotiations for globl environmental regimes end up taking a two-stage approach?

How many grams of nh4cl must be added : How many grams of NH4Cl must be added to 0.490 L of 1.00 M NH3 solution to yield a buffer solution with a pH of 8.90?

Explain the final temperature of the water and metal : The final temperature of the water and metal was 25.0 C. Assuming no heat is lost to the surroundings,calculate the specific heat of the metal and estimate its atomic weight

User Account

All Pages