In June, Pharoah Salon gave 4,500 haircuts, shampoos, and permanents at an average price of $50....

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In June, Pharoah Salon gave 4,500 haircuts, shampoos, and permanents at an average price of $50. During the month, fixed costs were $37,000 and variable costs were 80% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round per unit value to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, eg. 5,275.) Contribution margin (in dollars) Contribution margin (per unit) Contribution margin (ratio) Save for Later Attempts: 0 of 1 used Submit Answer In June, Pharoah Salon gave 4,500 haircuts, shampoos, and permanents at an average price of $50. During the month, fixed costs were $37,000 and variable costs were 80% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round per unit value to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, eg. 5,275.) Contribution margin (in dollars) Contribution margin (per unit) Contribution margin (ratio) Save for Later Attempts: 0 of 1 used Submit Answer

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