Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BE INTERVEN BACK Question 4 The Peace Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
BE INTERVEN BACK Question 4 The Peace Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $3,900 per month. The other barters are paid $1,900 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs are as follows: store rent $700 plus 60 cents per haircut; depreciation on equipment 1500 barter supplies 40 cents per hartut utilities $300; and advertising $100. The price of a haircut is $11 Select the correct CVP graph, assuming a maximum of 1,800 haircuts in a month, 25000 Sales line 20000 Break-even Total cost line 25000 Dollars Fixed cost line 10000 300 MO $ 1 21 100 Haircuts 25000 Fixed cost line 20000 Break-even Sales line 15000 Dollars 10000 Total cost line 5000 0 0 300 600 900 1200 1500 1300 2100 Haircuts 25000 Total cost line 20000 Break-even Sales line 15000 Fixed cost line Dollars 10000 5000 100 900 1000 1500 1200 300 0 600 Haircuts o 25000 Sales line 20000 Break-even Fixed cost line 15000 Dollars 10000 Total cost line 5000 0 0 300 600 300 1200 1500 1000 2100 Haircuts

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Tools for Business Decision Making

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

6th edition

1118096894, 978-1-11921511, 978-1118096895

Students also viewed these Accounting questions

Question

what is data producer

Answered: 1 week ago