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Problem 19-1A Vin Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,370 per month. One of
Problem 19-1A Vin Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,370 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 $5.86 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $200 per month $930 per month $0.48 per haircut $175 per month plus $0.31 per haircut $30 per month Vin currently charges $11.65 per haircut. 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. 12.25.) Total variable cost per haircut 6.65 Total fixed 11425 LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM X Your answer is incorrect. Try again. Compute the break-even point in units and dollars. (Round answers to o decimal places, e.g. 1,250.) Break-even point 1718 haircuts Break-even point LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR PROBLEM X Your answer is incorrect. Try again. Determine net income, assuming 2,490 haircuts are given in a month. Net income / (Loss) LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR
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