Question 5 Vin Diesel owns the Blue Spruce Barber Shop. He employs 5 barbers and pays each a base rate of $1,490 per month. One of the barbers serves as the manager and receives an extra $550 per month. In addition to the base rate, each barber also receives a commission of $4.50 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $270 per month $990 per month $0.30 per haircut $185 per month plus $0.20 per haircut $20 per month Vin currently charges $10.00 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. (Round answers to o decimal places, e.g. 1,225.) Break-even point in units haircuts Break-even point in dollars Determine net income, assuming 2,470 haircuts are given in a month. Net income / (Loss)