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Problem 19-1A Vin Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,460 per month. One of
Problem 19-1A Vin Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,460 per month. One of the barbers serves as the manager and receives an extra $510 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 Utilities Magazines $230 per month $960 per month $0.36 per haircut $180 per month plus $0.26 per haircut $20 per month Vin currently charges $11.25 per haircut. Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 12.25.) Total variable cost per haircut Total fixed s Compute the break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 1,250.) Break-even point Break-even point haircuts
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