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Oriole Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,380 per month. One of the barbers

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Oriole Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,380 per month. One of the barbers serves as the manager and receives an extra $580 per month. In addition to the base rate, each barber also receives a commission of $10.70 per haircut Other costs are as follows Advertising $260 per month Rent $1,010 per month Barber supplies $0.50 per haircut Utilities $165 per month plus $0.20 per haircut Magazines $15 per month Orole currently charges $19 per haircut. Your answer is correct Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, s. 225) Total variable cost per haircut $ 11.40 Total fixed S 8930 eTextbook and Media Attempts: 1 of 5 used (6) Your answer is correct Compute the break-even point in units and dollars. Break-even point 1,175 haircuts Break even sales $ 22.325 e Textbook and Media Attempts: 1 of 5 used (d) X Your answer is incorrect. Determine net income, assuming 1,530 haircuts are given in a month. Net income /(Loss) 29,070 eTextbook and Media Assistance Used Save for later Attempts: 2 of 5 used Submit

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