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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. Advertising Rent Barber supplies Utilities Magazines $280 per month $940 per month $0.37 per haircut $170 per month plus $0.23 per haircut $20 per month Oriole currently charges $12.20 per haircut. (a) Your answer is correct. Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, eg. 2.25.) $ 6.2 Total variable cost per haircut Total fixed $ 11940 eTextbook and Media Attempts: 1 of 3 used (b) Your answer is incorrect. Compute the break-even point in units and dollars. Break-even point haircuts Break even sales $ e Textbook and Media Save for Later Last saved 1 minute ago. Attempts: 1 of 3 used Submit
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