Acc561 Introduction to Management Accounting: E19-2 In the month of June, Angela's Beauty Salon

Acc561 Introduction to Management Accounting

E19-2 
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. 

Instructions
1. Determine the contribution margin in dollars, per unit, and as a ratio.
2. Using the contribution margin technique, compute the break-even point in dollars and in units.
3. Margin of safety in dollars and ratio.
Powered by