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    ckoski's Avatar
    ckoski Posts: 2, Reputation: 1
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    #1

    Apr 3, 2007, 10:33 AM
    Determine the contribution margin in dollars, per unit, and as a ratio.
    In the month of June, Mandeep's Beauty Salon gave 2,700 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $18,000 and the variable costs were 75% of sales.

    How do I calculate the variable costs to determine the contribution margin in dollars, per unit, and as a ratio?

    Thanks,
    Christine
    karent23's Avatar
    karent23 Posts: 133, Reputation: 8
    Junior Member
    		  
    #2

    Apr 3, 2007, 10:36 AM
    Check this: http://faculty.seattlecolleges.com/j...23/T/E23-3.xls
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