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Robert Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base salary of $1,530 per month. One of the barbers
Robert Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base salary of $1,530 per month. One of the barbers serves as the manager and receives an extra $570 per month. In addition to the base salary, each barber also receives a commission of $5.35 per haircut Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $270 per month $1,100 per month $0.40 per haircut $190 per month plus $0.25 per haircut $30 per month Robert currently charges $15.00 per haircut Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variab Total variable cost per haircut $ 6 Total fixed costs $ 9,810 Compute the break-even point in sales units and in sales dollars. Break-even point 1.090 haircuts Break-even point sales $ 16,350 Determine net income, assuming 1,540 haircuts are given in a month. Net income $
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