In the month of June, Angela's Beauty Salon gave 3,500 haircuts, shampoos, - 13661

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yousafbhutta

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In the month of June, Angela's Beauty Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,800 and variable costs were 80% of sales.





Determine the contribution margin in dollars, per unit, and as a ratio.

Solution Description

In the month of June, Angela's Beauty Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $30. During