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Cullumber Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base rate of $1,530 per month. One of the barbers
Cullumber Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base rate of $1,530 per month. One of the barbers serves as the manager and receives an extra $570 per month. In addition to the base rate, each barber also receives a commission of $5.35 per haircut. Other costs are as follows. Advertising $270 per month Rent $1,100 per month Barber supplies $0.40 per haircut $190 per month plus $0.25 per haircut Utilities Magazines $30 per month Cullumber currently charges $15 per haircut. (a) Your answer is correct. 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 $ $ 6 Total fixed 6 $ 8.280 (b) * Your answer is incorrect. Compute the break-even point in units and dollars. Break-even point 1380 haircuts Break even sales $ 20700 e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for Later Using multiple attempts will impact your score. 50% score reduction after attempt 2
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