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Janice owns the Cute Cut Salon. She employs 5 stylists and pays each a base salary of $1,700 per month. One of the stylists serves

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Janice owns the Cute Cut Salon. She employs 5 stylists and pays each a base salary of $1,700 per month. One of the stylists serves as the manager, receiving an extra $500 per month. In addition to the base salary, each stylist receives a commission of $5 per haircut. Each stylist can do as many as 20 haircuts a day, but the average is 17 haircuts each per day. The Cute Cut Salon is open an average of 24 days per month. Other financial information is as follows: Required: 1. Compute the monthly break-even point for the following: a. Number of haircuts. (Do not round intermediate calculations. Round up your answer to the next whole number.) Break-even sales haircuts b. Total sales dollars. (Round up "Break-even number of haircuts" to the next whole number. Do not round other intermediate calculations.) Break-even sales dollars c. As a percentage of maximum capacity. (Round your percentage answer to the nearest whole percentage, (i.e., 0.123 should be considered as 12%).) Break-even sales (% of capacity)

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