Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please do part D Problem 18-1A (Part Level Submission) Vin Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base

Please do part D

image text in transcribedimage text in transcribed

Problem 18-1A (Part Level Submission) Vin Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,300 per month. One of the barbers serves as the manager and receives an extra $540 per month. In addition to the base rate, each barber also receives a commission of $5.63 per haircut Other costs are as follows. Advertising Rent Barber supplies $290 per month $910 per month $0.39 per haircut $180 per month plus ?0.24 per haircut Utilities Magazines Vin currently charges $11.26 per haircut. $20 per month Your answer is correct 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 6.26 8440 Click if you would like to Show Work for this question: Open Show Work SHOWN SOLUTION SHOW ANSWER LINK TO TEXT VIDEO: SIMILAR PROBLEM Attempts: 1 of 3 used Your answer is correct. Compute the break-even point in units and dollars. (Round answers to O decimal places, e.g 1,225.) Break-even point Break-even point 1688 haircuts 19007

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audits Of 401k Plans

Authors: Deloitte And Touche

2nd Edition

1119722039, 978-1119722038

More Books

Students also viewed these Accounting questions