In June, Ivanhoe Salon gave 4,000 haircuts, shampoos, and permanents at an average price of...

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Accounting

In June, Ivanhoe Salon gave 4,000 haircuts, shampoos, and permanents at an average price of $40. During the month, fixed costs were $35,040 and variable costs were 70% of sales.
(a)
Determine the contribution margin in dollars, per unit, and as a ratio. (Round per unit value to 2 decimal places, e.g.52.75 and final answer to 0 decimal places, e.g.5,275.)
Contribution margin (in dollars) $
Contribution margin (per unit) $
Contribution margin (ratio)
%
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