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Sandhill Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,650 per month. One of the barbers

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Sandhill Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,650 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base rate, each barber also receives a commission of $5.50 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $260 $800 $0.30 $185 $20 per month per month per haircut per month plus $0.20 per haircut per month Sandhill currently charges $11.00 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 $ Question Part Score --/1 Compute the break-even point in units and dollars. Break-even point haircuts Break even sales $ Question Part Score --/1 Determine net income, assuming 3,020 haircuts are given in a month. Net income /(Loss) $ Question Part Score --/1

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