Solved: During the month fixed costs were 16800 and variable costs, Accounting Basics

+44 141 628 6080
[email protected]

During the month fixed costs were 16800 and variable costs

Question - "In the month of June, Paula'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

(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 in units.

View Complete Question

Solution Preview :

Prepared by a verified Expert

Accounting Basics: During the month fixed costs were 16800 and variable costs

Reference No:- TGS02559751

Now Priced at $25 (50% Discount)

Recommended (99%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Dns should incorporate into what conversation

Which of the following is a step the DNS should incorporate into that conversation? Convey frustration and disapproval.

Record of improvement on quality and patient satisfaction

Your HCO has several clinical services, and a record of improvement on quality, patient satisfaction, and associate satisfaction in most of them.

Steps taken by first police officer arriving at crime scene

What are the steps taken by the first police officer arriving at a crime scene?

Develop a plan for the proposed change

he organization's leadership team listened to Eric and his colleagues' concerns and asked Eric to assemble a team to develop a plan for the proposed change.

Describe what occurs with the statement of deficiencies

Which of the following describes what occurs with the statement of deficiencies? It is transmitted to the facility staff within 10 working days

Prepare a cash budget for january and february

Edge Soccer Program (Edge) began the year with a cash balance of $10,500. The budget forecasts that collections from customers owed to the company

Auditing the investigation of an incident

Auditing the investigation of an incident can provide important compliance information about which of the following?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: During the month fixed costs were 16800 and variable costs

Reference No:- TGS02559751

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Bad eggs sale of eggs that are contaminated with salmonella

Q : A fire destroyed the inventory on january 20 2011 except

Q : Explain your chosen job design including job analysis job

Q : How do you see porters five forces affecting your companys

Q : During the month fixed costs were 16800 and variable costs

Q : Provide three specific comments on what you learned from

Q : Prepare a classified balance sheet in good form common

Q : Make a critical review of the article evaluate the

Q : In the language of government statistics you are in the