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Mark Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base salary of $1,200 per month. One of the barbers

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Mark Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base salary of $1,200 per month. One of the barbers serves as the manager and receives an extra $560 per month. In addition to the base salary, each barber also receives a commission of $6.10 per haircut Other costs are as follows. Advertising $270 per month Rent $970 per month Barber supplies $0.40 per haircut Utilities $175 per month plus $0.10 per haircut Magazines $20 per month Mark currently charges $12.00 per haircut. Your answer is correct. Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.3. 2.25.) $ 6.60 Total unit variable cost per haircut $ 10.395 Total fixed costs Your answer is correct. Compute the break-even point in sales units and in sales dollars. Break-even point 1925 haircuts Break-even point sales $ 23.100 e Textbook and Media Your answer is incorrect. Determine net income, assuming 2,000 haircuts are given in a month. Net income $

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