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help with a-c Q.8 The Downtown Barber Shop employs four barbers. One barber, who also serves as the manager, is paid salary of $3,900 per
help with a-c
Q.8 The Downtown Barber Shop employs four barbers. One barber, who also serves as the manager, is paid salary of $3,900 per month. The other barbers are paid $1,900 per month. In addition, each barber is id a commission of $2 per haircut. ther monthly costs are: $700 plus 60 cents per haircut $500 store rent depreciation on equipment 40 cents per haircut barber supplies utilities advertising $300 $100 $11 The price of a haircut is Questions: (a) Determine the variable cost per haircut and the total monthly fixed costs. (b) Compute the break-even point in units and dollars. (c) Determine the net income, assuming 1,700 haircuts are given in a monthStep by Step Solution
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