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urgent help please 4 per month 1 Harry's Haircuts charges $20 per haircut. 2 They incur the following costs: 3 Four barbers earn a base
urgent help please
4 per month 1 Harry's Haircuts charges $20 per haircut. 2 They incur the following costs: 3 Four barbers earn a base salary of $400 a month each One of the four barbers acts as manager earning $300 more per month 5 The barbers earn a commission of $5 per haircut 6 Rent is $300 7 Barber supplies are $3.75 per haircut 8 Utilities are $1,000 a month and $0.25 per haircut 9 Harry has several sports magazine subscriptions that total $1,200 a year 10 11 Instructions: 12 a) Determine the UVC per haircut and TFC per month (4 marks) 13 b) Calculate the breakeven point in dollars (2 marks) 14 c) Determine operating income if 350 haircuts are given in a month (5 marks) 15 d) What is the margin of safety in dollars (1 mark) Step by Step Solution
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