In the month of March, Style Salon services 550 clients at an average price of $180. During the month, fixed costs were $25,866 and variable costs were 70% of sales.

(a) Determine the contribution margin in dollars, per unit, and as a ratio.

Contribution margin

$

Contribution margin per unit

$

Contribution margin ratio

%

(b) Using the contribution margin technique, compute the break-even point in dollars and in units.

Break-even sales

$

Break-even sales

units

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

The simple interest in a loan of $200 at 10 percent interest per year is