Tan-O-Rama is a local tanning salon. Its regression output is as follows: Suppose...
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TanORama is a local tanning salon. Its regression output is as follows: Suppose that the company charges $ per tanning session. Required: Calculate the unit contribution margin. Calculate contribution margin ratio. Calculate the total contribution margin if the shop books tanning sessions this month. Answer is not complete. Complete this question by entering your answers in the tabs below. Unit CM CM Ratio Total CM Calculate the total contribution margin if the shop books tanning sessions this month. Note: Round your answers to decimal places and "Total Contribution Margin" to the nearest whole dollar.
TanORama is a local tanning salon. Its regression output is as follows:
Suppose that the company charges $ per tanning session.
Required:
Calculate the unit contribution margin.
Calculate contribution margin ratio.
Calculate the total contribution margin if the shop books tanning sessions this month.
Answer is not complete.
Complete this question by entering your answers in the tabs below.
Unit CM
CM Ratio
Total CM
Calculate the total contribution margin if the shop books tanning sessions this month.
Note: Round your answers to decimal places and "Total Contribution Margin" to the nearest whole dollar.
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