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Problem 22-02A a-b,d (Video) Cullumber Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,200 per month.

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Problem 22-02A a-b,d (Video) Cullumber Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,200 per month. One of the barbers serves as the manager and receives an extra $560 per month. In addition to the base rate, each barber also receives a commission of $6.10 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $270 per month $970 per month $0.40 per haircut $175 per month plus $0.10 per haircut $20 per month Cullumber currently charges $12 per haircut. 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 Compute the break-even point in units and dollars. Break-even point haircuts Break even sales Determine net income, assuming 2,000 haircuts are given in a month. Net income / (Loss) Click if you would like to Show Work for this question: Open Show Work

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