Leon is opening their hair salon and is working on some projections for their sales and expenses.
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Leon is opening their hair salon and is working on some projections for their sales and expenses. They have determined that they can do 200 haircuts per month at a charge to each customer of $24. Their variable expenses per cut are $4, and they have fixed costs including rent and insurance of $915 per month. Calculate Leon's operating income based on the information provided.
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0132109178
14th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
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