a hair salon acquired 100 new customers last year. costs in the marketing and sales areas were the…

a hair salon acquired 100 new customers last year. costs in the marketing and sales areas were the following: · marketing costs = $1,000 · sales costs = $10,000 · salaries = $96,000 what was the customer acquisition cost? 0 0 0 0 $107,000 $11,000 $1,070 $110

a hair salon acquired 100 new customers last year. costs in the marketing and sales areas were the following: · marketing costs = $1,000 · sales costs = $10,000 · salaries = $96,000 what was the customer acquisition cost? 0 0 0 0 $107,000 $11,000 $1,070 $110

Answer

Explanation:

Step1: Calculate total cost

$1000 + 10000+96000=107000$

Step2: Calculate customer - acquisition cost

$\frac{107000}{100}=1070$

Answer:

$1,070$