In the month of March, Style Salon services 570 clients at an average price of $170....
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Homework Answers
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Contribution margin = Sales - Variable costs = (570*170)-60% |
38,760 |
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Contribution margin per unit = (38,760/570) |
68 |
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Contribution margin ratio = (68/170) |
40% |
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Breakeven sales = Fixed cost/Contribution margin ratio = 29,784/40% |
74,460 |
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Breakeven sales = Fixed cost/Contribution margin per unit = 29,784/68 |
438 |
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In the month of March, Style Salon services 570 clients at an
average price of $170....
Question 1 In the month of March, Style Salon services 590 clients at an average price...
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In the month of March, Style Salon services 550 clients at an average price of $180....
In the month of March, Style Salon services 550 clients at an
average price of $180. During the month, fixed costs were $25,866
and variable costs were 70% of sales.
(a) Determine the contribution margin in dollars,
per unit, and as a ratio.
Contribution margin
$
Contribution margin per unit
$
Contribution margin ratio
%
(b) Using the contribution margin technique,
compute the break-even point in dollars and in units.
Break-even sales
$
Break-even sales
units
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Question 2 In the month of March, Riverbed Salon services 570 clients at an average price...
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In the month of March, Riverbed Salon services 570 clients at an average price of $150. During the month, fed costs were $28.800 and variable costs were 68 of a (a) ZYour answer has been saved and sent for grading. See Gradebook for score details Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin 27360 Contribution margin per unit Contribution margin ratio VIDEO AND SKILLS Attemptsi 1 of 1 used (b) Using the contribution margin...
In the month of March, Style Salon services 550 clients at an
average price of $180. During the month, fixed costs were $25,866
and variable costs were 70% of sales.
(a) Determine the contribution margin in dollars,
per unit, and as a ratio.
Contribution margin
$
Contribution margin per unit
$
Contribution margin ratio
%
(b) Using the contribution margin technique,
compute the break-even point in dollars and in units.
Break-even sales
$
Break-even sales
units
ES-10 In the month of March, Style Salon services 560 clients at an average price of $120 Compute contribution During the month, fixed costs were $21,024 and variable costs were 60% of sales. Instructions (a) Determine the contribution margin in dollars, per unit, and as a ratio. (b) Using the contribution margin technique, compute the break-even point in dollars and margin and break-even poi LO 3, 4), AP in units.
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j
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