Question: CALCULATOR DRUNTER VERSION BACK Problem 18-02A a-b,d Blossom Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base rate of

CALCULATOR DRUNTER VERSION BACK Problem 18-02A a-b,d Blossom Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base rate of $1,200 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base rate, each barber also receives a commission of $4.60 per haircut. Other costs are as follows. Advertising $200 per month Rent $900 per month Barber supplies $0.30 per haircut Utilities $150 per month plus $0.10 per haircut Magazines $15 per month Blossom currently charges $10 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 5.00 $ Total fixed 6565 Compute the break-even point in units and dollars. Break-even point 1313 haircuts Break even sales Westin Compute the break-even point in units and dollars. Break-even point Break even sales 1313 haircuts Determine net income, assuming 1,500 haircuts are given in a month. Net income /(Loss) Click if you would like to Show Work for this question: Open Show Work
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
