Stan Loy owns the Vista Barber Shop. He employs 5 barbers and pays each a base rate of $1,070 per month. One of the barbers serves as the manager and receives an extra $502 per month. In addition to the base rate, each barber also receives a commission of $5.60 per haircut. Other costs are as follows. Advertising $178 per month Rent $921 per month Barber supplies $0.30 per haircut Utilities $175 per month plus $0.40 per haircut Magazines $21 per month Matt currently charges $10.50 per haircut