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Blossom Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1,480 per month. One of the barbers

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Blossom Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1,480 per month. One of the barbers serves as the manager and receives an extra $600 per month. In addition to the base rate, each barber also receives a commission of $10.55 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $260 per month $1,010 per month $0.30 per haircut $160 per month plus $0.15 per haircut $25 per month Blossom currently charges $20 per haircut. Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, eg, 2.25.) Total variable cost per haircut $ Total fixed Compute the break-even point in units and dollars. haircuts Break-even point $ Break even sales $ Determine net income, assuming 1,530 haircuts are given in a month. Net income /(Loss) $

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