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Just need the answers, you dont need to show the work! Problem 22-1A Vin Diesel owns the Fredonia Barber Shop. He employs 6 barbers and
Just need the answers, you dont need to show the work!
Problem 22-1A Vin Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1,330 per month. One of the barbers serves as the manager and recelves an extra $540 per month. In addition to the base rate, each barber also recelves a commission of $5.59 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilitles Magazines $250 per month $930 per month $0.35 per haircut $180 per month plus $0.35 per haircut $20 per month Vin currently charges $11.29 per haircut. Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total variable cost per haircut Total fixed Compute the break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 1,250.) Break-even point Break-even point s haircuts Determine net income, assuming 2,450 haircuts are given in a month. Net income (Loss)Step by Step Solution
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