Question: please show work :) E19.2 (LO 1), AP Service In the month of June, Jose Hebert's Beauty Salon gave 4,0oo haircuts, shampoos, and hair colorings
E19.2 (LO 1), AP Service In the month of June, Jose Hebert's Beauty Salon gave 4,0oo haircuts, shampoos, and hair colorings at an average price of $30 each. During the month, fixed costs were $16,800 and variable costs were 75% of sales. Compute contribution margin, break-even point, and margin of safety. 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. c. Compute the margin of safety in dollars and as a ratio
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