Sandhill Diesel owns the Fredonia 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 $520 per month. In addition to the base rate, each barber also receives a commission of $6.85 per haircut. Other costs are as follows.

Advertising		$250	per month
Rent		$970	per month
Barber supplies		$0.50	per haircut
Utilities		$200	per month plus $0.15 per haircut
Magazines		$15	per month

Sandhill currently charges $15 per haircut.

(a)

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		$enter a total variable cost per haircut amount in dollars rounded to 2 decimal places
Total fixed		$enter the total fixed costs in dollars