Problem
In the month of June, Jose Hebert's Beauty Salon gave 3,620 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $19,600 and variable costs were 60% of sales.
Determine the contribution margin in dollars, per unit, and as a ratio. (Round the contribution ratio to 0 decimal places, e.g. 27%, contribution margin per unit to 2 decimal places, e.g. 15.25 and answer to the nearest whole dollar, e.g. 5,275.)