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Question 9 of 9 -/1 III View Policies Current Attempt in Progress Pharoah Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays

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Question 9 of 9 -/1 III View Policies Current Attempt in Progress Pharoah Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,210 per month. One of the barbers serves as the manager and receives an extra $525 per month. In addition to the base rate, each barber also receives a commission of $6.75 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $300 per month $1,040 per month $0.50 per haircut $155 per month plus $0.25 per haircut $15 per month Pharoah currently charges $15 per haircut. Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, eg. 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 1,520 haircuts are given in a month. Net income/(Loss) $

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