In the month of june bonitas beauty salon gave 3460

Reference no: EM13593383

In the month of June, Bonita's Beauty Salon gave 3,460 haircuts, shampoos, and permanents at an average price of $50. During the month, fixed costs were $17,900 and variable costs were 60% of sales.

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

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

Break-even point (in dollars) $
Break-even point (in units) units

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

Margin of safety (in dollars) $
Margin of safety (ratio) %

Reference no: EM13593383

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