HELP WITH B$.$ Sheridan Diesel owns the Fredonia Barber Shop. He employs $7$ barbers and pays each a base rate of $$1,570$ per month. One of the

barbers serves as the manager and receives an extra $$540$ per month. In addition to the base rate, each barber also receives a

commission of $$5\mathrm{.}90$ per haircut.

Other costs are as follows.

Sheridan currently charges $$12\mathrm{.}70$ per haircut.

$($a$)$

Correct Answer

Your answer is correct.

Determine the variable costs per haircut and the total monthly fixed costs. $($Round variable costs to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$

Total variable cost per haircut $

Total fixed $

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Solution

$($b$)$

Compute the break$-$even point in units and dollars.

Break$-$even point

haircuts

Break even sales