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Vin Diesel owns the Fredonia Barber Shop, He employs 7 barbers and pays each a base rate of $1430 per month. One of the barbers
Vin Diesel owns the Fredonia Barber Shop, He employs 7 barbers and pays each a base rate of $1430 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 $5.64 per haircut. Other costs are as follows. Advertising $280 er month $940 per month Rent Barber supplics $0.37 per haircut Utilities $170 permonth plus $0.23 per haircut Magazines $20 per month Vin currently charges $11.24 per haircut. Determine the variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, eg. 2.25.) Total variable cost per haircut S Total fixed Compute the break even point in units and dollars. (Round answers to O decimal places, c.g 1,250. Break-even point haircuts Break-even point LINK TO TEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Determine net income, assuming 2,390 halrcuts are alven In a month Net income/ (Loss)
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