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Please help me find the answer for D Sheridan Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base rate

Please help me find the answer for D

Sheridan Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base rate of $1,570 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base rate, each barber also receives a commission of $9.05 per haircut. Other costs are as follows.

Advertising $270 per month
Rent $1,060 per month
Barber supplies $0.45 per haircut
Utilities $195 per month plus $0.10 per haircut
Magazines $15 per month

Sheridan currently charges $16 per haircut.

(a)

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

$ 9.6

Total fixed

$ 8320

(b)

Correct answer iconYour answer is correct.

Compute the break-even point in units and dollars.

Break-even point

1300

haircuts
Break even sales

20800

(d)

Incorrect answer iconYour answer is incorrect.

Determine net income, assuming 1,590 haircuts are given in a month.

Net income / (Loss)

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