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Determine the contribution margin in dollars

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Question 9 In the month of March, Style Salon services 650 clients at an average price of $200. During the month, fixed costs were $19,600 and variable costs were 65% of sales.

Determine the contribution margin in dollars, per unit, and as a ratio. (Round contribution margin ratio to 0 decimal places, e.g 28%.)

Using the contribution margin technique, compute the break-even point in dollars and in units. (Round answers to 0 decimal places, e.g. 5,275.)

Reference no: EM131786467

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