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Telly Savalas owns the Bonita Barber Shop. He employs 5 barbers and pays each a base rate of $1,160 per month. One of the barbers

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Telly Savalas owns the Bonita Barber Shop. He employs 5 barbers and pays each a base rate of $1,160 per month. One of the barbers serves as the manager and receives an extra $472 per month. In addition to the base rate, each barber also receives a commission of $5.40 per haircut. Other costs are as follows. Advertising $220 per month Rent $914 per month Barber supplies $0.30 per haircut Utilities $175 per month plus $0.30 per haircut Magazines $26 per month Telly currently charges $12.00 per haircut. Collapse question part (a) Determine the variable costs per haircut and the total monthly fixed costs. (Round per unit costs to 2 decimal places e.g. 2.75.) Total variable cost per haircut $ Total fixed cost $

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