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Stephen Thorne owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1, 400 per month, One of the

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Stephen Thorne owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1, 400 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 $5 90 per haircut. Other costs are as follows. Stephen currently charges $11 80 per haircut. Determine the variable cost per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.)

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