In the month of March, New Day Spa services 619 clients at an average price of $200. During the month, fixed costs were $34,080 and variable costs were 60% of sales. Determine the contribution margin in dollars, per unit, and as a ratio.
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In the month of March, New Day Spa services 619 clients at an average price of $200. During the month, fixed costs were $34,080 and variable costs were 60% of sales. Determine the contribution margin in dollars, per unit, and as a ratio.
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