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Show work please, thank you. The Wildhorse Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of
Show work please, thank you.
The Wildhorse Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $1,850 per month. The other barbers are paid $1,390 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs are as follows: store rent $800 plus 60 cents per haircut; depreciation on equipment $480; barber supplies 40 cents per haircut; utilities $320; and advertising $190. The price of a haircut is $13. Determine the variable cost per haircut and the total monthly fixed costs. (Round variable cost to 2 decimal places, e.g. 15.25.) eTextbook and Media Calculate the break-even point in units and dollars. Determine the operating income, assuming 1,510 haircuts are given in a month. Operating income \$ eTextbook and MediaStep by Step Solution
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