Find out the contribution margin in dollars per unit

Assignment Help Financial Accounting
Reference no: EM13127065

In the month of March, New Day Spa services 644 clients at an average price of $120. During the month, fixed costs were $16,308 and variable costs were 70% of sales.

Find out 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.

Reference no: EM13127065

Questions Cloud

Finding area of region : Sketch the region bounded by the graph of the functions and find the area of the region.
Define cyclopropane is used as a general anesthetic : Question about Ideal gas law, Cyclopropane is used as a general anesthetic. If a sample of cyclopropane stored in a 2.00L container at 10.0 atm
What is the average speed of a co2 molecule : If the average speed of an oxygen molecule is 4.05multiplied by 104 cm/s at 25°C, what is the average speed of a CO2 molecule at the same temperature?
Equation of ellipse and hyperbola : Find an equation for the hyperbola with the focus (11,12) and asymptotes 4x-3y=18 and 4x+3y=30. Find the arc length of the curve given by x = sin t - cos t, y = sin t + cos t, pi/1
Find out the contribution margin in dollars per unit : Find out 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.
Purchases of raw materials : At the beginning of Month 1, 3,200 lbs. of materials were on hand. Purchases of raw materials for Month 2 would be budgeted to be:
How many grams of calcium chloride should be formed : How many grams of calcium chloride should be formed from the reactions of hydrochloric acid and calcium hydroxide? If the reaction in 2.4 only produces 3.0 g calcium chloride, calculate the percentage yield of calcium chloride.
How many milliliters of coffee can be obtained : A pound of coffee beans yields 40 cups of coffee (4 cups = 1 ). How many milliliters of coffee can be obtained from 1.0 of coffee beans?
Ellipses and parametric equations : Graph by hand the curve whose parametric equations are given and show its orientation. Find the two different parametric equations for the rectangular equation

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd