Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 17 Aug 2017 My Price 4.00

Jose Hebert’s Beauty Salon

E6-2 In the month of June, Jose Hebert’s Beauty Salon gave 4,000 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,800 and variable costs were 75% 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 in units.

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

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Aug 2017 07:08 PM My Price 4.00

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