Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. tan-o-rama is a local tanning salon. its regressio

Tan-O-Rama is a local tanning salon. Its regression output is as follows: Suppose that the...

70.2K

Verified Solution

Question

Accounting

image
image
image
Tan-O-Rama is a local tanning salon. Its regression output is as follows: Suppose that the company charges $6.00 per tanning session. - Required: 1. Calculate the unit contribution margin. 2. Calculate contribution margin ratio. 3. Calculate the total contribution margin if the shop books 1,200 tanning sessions this month. Complete this question by entering your answers in the tabs below. Calculate the unit contribution margin. Note: Round your final answer to 2 decimal places. Complete this question by entering yor answers in the tabs below. Calculate contribution margin ratio. Note: Round your answers to 2 decimal places and contribulion margin ratio percentage to 2 decimal piaces (I.e. 1234 should be entered as 12.34%.) Complete this question by entering your answers in the tabs below. Calculate the total contribution margin if the shop books 1,200 tanning sessions this month. Note: Round your answers to 2 decimal places and "Total Contribution Margin" to the nearest whole d

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students