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John Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base salary of $1,480 per month. One of the barbers
John Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base salary of $1,480 per month. One of the barbers serves as the manager and receives an extra $580 per month. In addition to the base salary, each barber also receives a commission of $5.35 per haircut. Other costs are as follows. Advertising $210 per month Rent $1,080 per month Barber supplies $0.40 per haircut Utilities: $200 per month plus $0.25 per haircut Magazines $35 per month John currently charges $15.00 per haircut. Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total unit variable cost per haircut $ Total fixed costs eTextbook and Media Compute the break-even point in sales units and in sales dollars. Break-even point Break-even point sales $ eTextbook and Media haircuts Determine net income, assuming 1,700 haircuts are given in a month.. Net income $ eTextbook and Media
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