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Compute the break-even point in dollars and in units

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Reference no: EM131716090

Question - In the month of March, Style Salon services 560 clients at an average price of $120 per client. During the month fixed costs were $21,024 and variable costs were $72 per client.

Instructions

(a) Determine the contribution margin in dollars, per unit, and as a ratio.

(b) Compute the break-even point in dollars and in units.

(c) Compute the margin of safety in dollars and as a ratio.

Reference no: EM131716090

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