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Telly Savalas owns the Bonita Barber Shop. He employs 7 barbers and pays each a base rate of $1,100 per month. One of the barbers

Telly Savalas owns the Bonita Barber Shop. He employs 7 barbers and pays each a base rate of $1,100 per month. One of the barbers serves as the manager and receives an extra $550 per month. In addition to the base rate, each barber also receives a commission of $5.70 per haircut.image text in transcribed

Problem 18-1A Telly Savalas owns the Bonita Barber Shop. He employs 7 barbers and pays each a base rate of $1,100 per month. One of the barbers serves as the manager and receives an extra $550 per month. In addition to the base rate, each barber also receives a commission of $5.70 per haircut. Other costs are as follows. ph of he barrsve t manager and $250 per month $990 per month Advertising Rent Barber supplies$0.40 per haircut Utilities Magazines $180 per month plus $0.20 per haircut $30 per month Telly currently charges $11.50 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.) Total variable cost per haircut Total fixed

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