Problem 22-02A a-b,d (Video) Sheridan Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base rate of $1,400 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 $6.40 per haircut. Other costs are as follows Advertising Rent Barber supplies Utilities Magazines $260 per month $1,060 per month $0.50 per haircut $160 per month plus $0.10 per haircut $25 per month Sheridan currently charges $14 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 Break even sales haircuts LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Determine net income, assuming 1,600 haircuts are given in a month Net income / (Loss) *