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Richard Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base salary of $1,570 per month. One of the barbers
Richard Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base salary of $1,570 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base salary, each barber also receives a commission of $9.05 per haircut. Other costs are as follows. Advertising $270 per month Rent $1,060 per month Barber supplies $0.45 per haircut Utilities $195 per month plus $0.10 per haircut Magazines $15 per month Richard currently charges $16.00 per haircut. Your answer is partially correct. Determine the unit 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 costs +A 9.60 9890 * Your answer is incorrect. Compute the break-even point in sales units and in sales dollars. Break-even point Break-even point sales $ eTextbook and Media * Your answer is incorrect. 1030 haircuts Determine net income, assuming 1,590 haircuts are given in a month. Net income $ eTextbook and Media
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