Solution:
Contribution margin per hairbcut = price per haircut - cost of comb per client - cost of shampoo and conditioner per client
Contribution margin per hair cut = 12-0.85-0.95
Contribution margin per hair cut = 10.20
Question8 0.5 pts Jenny's Cutting Station is a new concept in haircuts-low cost and very quick....
Kimberly's Cutting Station offers a new concept in haircuts: low cost and very quick. Set in a local mall, Kimberly's offers 15-minute haircuts with a shampoo for harried shoppers who do not have time for lengthy appointments. To ensure that the clients are in and out quickly, Kimberly schedules her 4 employees based on expected client traffic. Each of the employees is paid $1300 per month, with part of their pay coming from client tips. Kimberly pays rent and overhead...