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Oriole Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,430 per month. One of the barbers
Oriole Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,430 per month. One of the barbers serves as the manager and receives an extra $520 per month. In addition to the base rate, each barber also receives a commission of $5.60 per haircut. Other costs are as follows. per month per month Advertising Rent Barber supplies Utilities Magazines $280 $940 $0.37 $170 $20 per haircut per month plus $0.23 per haircut per month Oriole currently charges $12.20 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.) Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, eg. 2.25.) Total variable cost per haircut $ Total fixed $
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