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Crane Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1,490 per month. One of the
Crane Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1,490 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 $10.40 per haircut. Other costs are as follows. $220 per month Advertising Rent $950 per month Barber supplies $0.50 per haircut Utilities $195 per month plus $0.10 per haircut Magazines $30 per month Crane currently charges $20 per haircut. (a) 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
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