In June, Jose Hebert's Beauty Salon gave 4,360 haircuts, shampoos, and permanents at an average price of $36. During the month, fixed costs were $17,700 and variable costs were 72% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Find out correct answers

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter6: Process Costing
Section: Chapter Questions
Problem 2CE: Lising Therapy has a physical therapist who performs electro-mechanical treatments for its patients....
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In June, Jose Hebert's Beauty Salon gave 4,360 haircuts, shampoos, and permanents at an average price of $36. During the month, fixed costs were $17,700 and variable costs were 72% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Find out correct answers

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