Question - In the month of March, New Day Spa services 558 clients at an average price of $250. During the month, fixed costs were $35,700 and variable costs were 70% of sales.
Determine the contribution margin in dollars, per unit, and as a ratio.
Using the contribution margin technique, compute the break-even point in dollars and in units.
In the month of March, New Day Spa services 558 clients at an average price of $250. During the month, fixed costs were $35,700 and variable costs were 70% of sales.
Determine the contribution margin in dollars, per unit, and as a ratio.
Using the contribution margin technique, compute the break-even point in dollars and in units.
In the month of March, New Day Spa services 558 clients at an average price of $250. During the month, fixed costs were $35,700 and variable costs were 70% of sales.
Determine the contribution margin in dollars, per unit, and as a ratio. Using the contribution margin technique, compute the break-even point in dollars and in units.