Question 13 01 35 View Policies Current Attempt in Progress Lisa's Cutting Station offers a new concept in haircuts; low cost and very quick. Set in a local mall, Lisa's offers 15-minute haircuts for harried shoppers who do not have time for lengthy appointments. To ensure that the clients are in and out quickly, she schedules her 5 employees based on expected client traffic. Each of the employees is paid $1270 per month, with part of their pay coming from client tips. Lisa pays rent and overhead costs of $2400 per month on the facility. Because of the quick nature of the service, Lisa doesn't have time to clean combs in between clients, so she uses a new comb for each customer, at a cost of $0.50 each. She also provides shampoo and conditioner for each client at a cost of $1.10 per client. The average price for a haircut is $13. Lisa pays herself $5100 per month. What is Lisa's contribution margin per haircut? $12.50 O $11.10 $11.40 $11.90 Attempts: 0 of 1 used Submit Answer Save for Later