Please show work if possible, thank you.

1. How many haircuts do they have to do per month to break even?

2. How much profit or loss do they make if they do 1100 haircuts in a month?

3. They have space for another chair. If they hire another barber for $1,400/month and the same variable costs, what will be the break-even number of haircuts for the shop?

4. Given the original assumptions, if they lowered the price to $13.00, what would be the break even number of haircuts per month?

A barbershop has the following expenses: Rent is $1200/month Depreciation on equipment is $600 per month Utilities are $800 per month and advertising is $300 per month The fixed salaries for the barbers are $5,500 per month. o 6. In addition to the salary above the barbers receive $6.50 per haircut supplies cost $.50 per haircut. The price for a haircut is $14.00