William Diesel owns the Fredonia Barber Shop. He employs $5$ barbers and pays each a base salary of $$1,510$ per month. One of the barbers serves as the manager and receives an extra $$580$ per month. In addition to the base salary, each barber also receives a commission of $$8\mathrm{.}40$ per haircut.

Other costs are as follows.

$\backslash$table$[[$Advertising$,$$$300,$per month$],[$Rent$,$$$1,020,$per month$],[$Barber supplies,$$0\mathrm{.}45,$per haircut$],[$Utilities$,$$$150,$per month plus $$0\mathrm{.}15$ per haircut$],[$Magazines$,$$$30,$per month$]]$

William currently charges $$18\mathrm{.}00$ per haircut.

$($a$)$

Your answer is correct.

Determine the unit variable costs per haircut and the total monthly fixed costs. $($Round variable costs to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$

Total unit variable cost per haircut $

Total fixed costs $

eTextbook and Media

Attempts: $1$ of $5$ used

$($b$)$

Your answer is correct.

Compute the break$-$even point in sales units and in sales dollars.

Break$-$even point haircuts

Break$-$even point sales $

eTextbook and Media

Attempts: $2$ of $5$ used

$($d$)$

Your answer is incorrect.

Determine net income, assuming $1,700$ haircuts are given in a month.

Net income

$