Steven Diesel owns the Fredonia Barber Shop. He employs $4$ barbers and pays each a base salary of $$1,400$ per month. One of the barbers serves as the manager and receives an extra $$560$ per month. In addition to the base salary, each barber also receives a commission of $$6\mathrm{.}40$ per haircut.

Other costs are as follows.

Advertising $$260$ per month

Rent $$1,060$ per month

Barber supplies $$0\mathrm{.}50$ per haircut

Utilities $$160$ per month plus $$0\mathrm{.}10$ per haircut

Magazines $$25$ per month

Steven currently charges $$14\mathrm{.}00$ per haircut.

Determine the unit variable costs per haircut and the total monthly fixed costs. $($Round variable costs to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$

Total unit variable cost per haircut $

Total fixed costs

$

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Compute the break$-$even point in sales units and in sales dollars.

Break$-$even point

haircuts

Break$-$even point sales

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Determine net income, assuming $1,600$ haircuts are given in a month.

Net income $

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