Tan-O-Rama is a local tanning salon. Its regression output is as follows: Intercept X Variable 1...

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Tan-O-Rama is a local tanning salon. Its regression output is as follows: Intercept X Variable 1 Coefficients 4,551.95 3.41 Suppose that the company charges $6.60 per tanning session. Required: 1. Calculate the unit contribution margin. 2. Calculate contribution margin ratio. 3. Calculate the total contribution margin if the shop books 1,100 tanning sessions this month. Complete this question by entering your answers in the tabs below. CM Ratio Unit CM Calculate the unit contribution margin. Note: Round your final answer to 2 decimal places. Total CM Unit CM Unit Contribution Margin CM Ratio > Unit CM CM Ratio Total CM Calculate contribution margin ratio. Note: Round your answers to 2 decimal places and contribution margin ratio percentage to 2 decimal places (i.e. .1234 should be entered as 12.34%.) < Unit CM Contribution Margin Ratio Total CM > % Unit CM CM Ratio Total CM Calculate the total contribution margin if the shop books 1,100 tanning sessions this month. Note: Round your answers to 2 decimal places and "Total Contribution Margin" to the nearest whole dollar. Total Contribution Margin <CM Ratio Total CM Tan-O-Rama is a local tanning salon. Its regression output is as follows: Intercept X Variable 1 Coefficients 4,551.95 3.41 Suppose that the company charges $6.60 per tanning session. Required: 1. Calculate the unit contribution margin. 2. Calculate contribution margin ratio. 3. Calculate the total contribution margin if the shop books 1,100 tanning sessions this month. Complete this question by entering your answers in the tabs below. CM Ratio Unit CM Calculate the unit contribution margin. Note: Round your final answer to 2 decimal places. Total CM Unit CM Unit Contribution Margin CM Ratio > Unit CM CM Ratio Total CM Calculate contribution margin ratio. Note: Round your answers to 2 decimal places and contribution margin ratio percentage to 2 decimal places (i.e. .1234 should be entered as 12.34%.) < Unit CM Contribution Margin Ratio Total CM > % Unit CM CM Ratio Total CM Calculate the total contribution margin if the shop books 1,100 tanning sessions this month. Note: Round your answers to 2 decimal places and "Total Contribution Margin" to the nearest whole dollar. Total Contribution Margin <CM Ratio Total CM

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Unit Contribution Margin Sale Price ... View the full answer