Homework Answers
Contribution margin=Sales-Variable costs
Contribution margin ratio=Contribution margin/Sales
| Contribution margin[120(1-0.62)]*590 | $26904 |
| Contribution margin per unit=[120(1-0.62)] | $46(Approx) |
| Contribution margin ratio=(45.6/120) | 38% |
| Breakeven sales(Fixed cost/Contribution margin ratio)(20148/0.38) | $53021(Approx) |
| Breakeven sale(Fixed cost/Contribution margin)(20148/45.6) | 442 units(Approx). |
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Question 1 In the month of March, Style Salon services 590 clients at an average price...
In the month of March, Style Salon services 570 clients at an average price of $170....
In the month of March, Style Salon services 570 clients at an
average price of $170. During the month, fixed costs were $29,784
and variable costs were 60% of sales.
Determine the contribution margin in dollars, per unit, and as
a ratio. (Round answers to 0 decimal places, e.g.
1,225.)
Contribution margin
$
Contribution margin per unit
$
Contribution margin ratio
%
Using the contribution margin technique, compute the break-even
point in dollars and in units. (Round answers to 0...
Exercise 11-10 In the month of March, Swifty Salon services 550 clients at an average price...
Exercise 11-10 In the month of March, Swifty Salon services 550 clients at an average price of $130. During the month, fixed costs were $28,600 and variable costs were 60% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin $ Contribution margin per unit Contribution margin ratio LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales Break-even...
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
Question 2 In the month of March, Bramble Salon services 550 clients at an average price...
Question 2 In the month of March, Bramble Salon services 550 clients at an average price of $130. During the month, fixed costs were $23,400 and variable costs were 70% of sales. Collapse question part (a) This grade has been saved to Gradebook. Your 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 $ Contribution margin per unit $ Contribution margin ratio...
Exercise 20-2 In the month of June, Jose Hebert's Beauty Salon gave 3,500 haircuts, shampoos, and...
Exercise 20-2 In the month of June, Jose Hebert's Beauty Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $ 40. During the month, fixed costs were $ 16,500 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g. 5.25 & 10.50.) Contribution margin Contribution margin per unit Contribution margin ratio LINK TO TEXT...
ES-10 In the month of March, Style Salon services 560 clients at an average price of...
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.
Exercise 20-2 In the month of June, Jose Hebert's Beauty Salon gave 4,200 haircuts, shampoos, and...
Exercise 20-2 In the month of June, Jose Hebert's Beauty Salon gave 4,200 haircuts, shampoos, and permanents at an average price of $ 40. During the month, fixed costs were $ 16,700 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g. 5.25 & 10.50.) Contribution margin Contribution margin per unit Contribution margin ratio $ % LINK...
In the month of March, Blossom Salon services 550 clients at an average price of $100....
In the month of March, Blossom Salon services 550 clients at an average price of $100. During the month, fixed costs were $17,520 and variable costs were 60% of sales. Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio % Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales $ Break-even sales...
In the month of March, Oriole Salon services 630 clients at an average price of $200....
In the month of March, Oriole Salon services 630 clients at an average price of $200. During the month, fixed costs were $28,116 and variable costs were 67% of sales. Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio e Textbook and Media Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales...
Exercise 19-2 In the month of June, Jose Hebert's Beauty Salon gave 3,800 haircuts, shampoos, and...
Exercise 19-2 In the month of June, Jose Hebert's Beauty Salon gave 3,800 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,900 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g 5.25 & 10.50 Contribution margin Contribution margin per unit Contribution margin ratio LINK TO TEXT VIDEO: SIMILAR...
In the month of March, Style Salon services 570 clients at an
average price of $170. During the month, fixed costs were $29,784
and variable costs were 60% of sales.
Determine the contribution margin in dollars, per unit, and as
a ratio. (Round answers to 0 decimal places, e.g.
1,225.)
Contribution margin
$
Contribution margin per unit
$
Contribution margin ratio
%
Using the contribution margin technique, compute the break-even
point in dollars and in units. (Round answers to 0...
Exercise 11-10 In the month of March, Swifty Salon services 550 clients at an average price of $130. During the month, fixed costs were $28,600 and variable costs were 60% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin $ Contribution margin per unit Contribution margin ratio LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales Break-even...
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
Exercise 20-2 In the month of June, Jose Hebert's Beauty Salon gave 3,500 haircuts, shampoos, and permanents at an average price of $ 40. During the month, fixed costs were $ 16,500 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g. 5.25 & 10.50.) Contribution margin Contribution margin per unit Contribution margin ratio LINK TO TEXT...
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.
Exercise 20-2 In the month of June, Jose Hebert's Beauty Salon gave 4,200 haircuts, shampoos, and permanents at an average price of $ 40. During the month, fixed costs were $ 16,700 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g. 5.25 & 10.50.) Contribution margin Contribution margin per unit Contribution margin ratio $ % LINK...
In the month of March, Oriole Salon services 630 clients at an average price of $200. During the month, fixed costs were $28,116 and variable costs were 67% of sales. Determine the total contribution margin in dollars, the per unit contribution margin, and the contribution margin ratio. Contribution margin in dollars $ Contribution margin per unit $ Contribution margin ratio e Textbook and Media Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales...
Exercise 19-2 In the month of June, Jose Hebert's Beauty Salon gave 3,800 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $16,900 and variable costs were 75% of sales. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g 5.25 & 10.50 Contribution margin Contribution margin per unit Contribution margin ratio LINK TO TEXT VIDEO: SIMILAR...
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