In the month of march, style salon services 560 clients at an average price of $120. during the month, fixed costs were $21,024 and variable costs were 60% of sales.
(a) determine the contribution margin in dollars, per unit, and as a ratio.
contribution margin
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contribution margin per unit
$48
contribution margin ratio
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%(b) using the contribution margin technique, compute the break-even point in dollars and in units.
break-even sales
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break-even sales
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units

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.