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Charles Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base salary of $1,410 per month. One of the barbers
Charles Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base salary of $1,410 per month. One of the barbers serves as the manager and receives an extra $580 per month. In addition to the base salary, each barber also receives a commission of $10.30 per haircut. Other costs are as follows. Charles currently charges $18.00 per haircut. Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total unit variable cost per haircut $ Total fixed costs $ eTextbook and Media Compute the break-even point in sales units and in sales dollars. Break-even point haircuts Determine net income, assuming 1,590 haircuts are given in a month
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