ACC 410 Chapter Notes - Chapter 3: Contribution Margin, Fixed Cost, Variable Cost
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13 Jun 2011
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In the month of March, Style Salon services 610 clients at anaverage price of $180. During the month, fixed costs were $25,758and variable costs were 70% of sales.
(a) Determine the contribution margin in dollars, per unit, andas a ratio.
Contribution margin | $____________? |
Contribution margin per unit | $____________? |
Contribution margin ration | ____________%? |
(b) Using the contribution margin technique, compute thebreak-even point in dollars and in units.
Break-even sales | $______________? |
Break-even sales | _____________ units? |