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Vin Diesel owns the Fredonia Barber Shop. He employs 7.00 barbers and pays each a base rate of $1,440 per month. One of the barbers
Vin Diesel owns the Fredonia Barber Shop. He employs 7.00 barbers and pays each a base rate of $1,440 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 $5.56 per haircut.
Other costs are as follows.
Advertising Rent Barber supplies Utilities Magazines $300 per month 930 per month $0.35 per haircut $185 per month plus $0.36 per haircut $30 per month Vin currently charges $11.27 per haircut. Determine the variable costs 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 LINK TO TEXT VIDEO: SIMILAR PROBLEM Compute the break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 1,225.) Break-even point Break-even point haircuts g LINK TO TEXT VIDEO: SIMILARStep by Step Solution
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