serves as the manager and receives an extra $500 per month. In addition to the base...

Transcribed Image Text:

serves as the manager and receives an extra $500 per month. In addition to the base salary, each barber also receives a commission of $4.50 per haircut. Other costs are as follows. Advertising $200 per month Rent $1,100 per month Barber supplies $0.30 per haircut Utilities $175 per month plus $0.20 per haircut Magazines $25 per month Vin currently charges $10.00 per haircut. (a) Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total unit variable cost per haircut $ Total fixed costs serves as the manager and receives an extra $500 per month. In addition to the base salary, each barber also receives a commission of $4.50 per haircut. Other costs are as follows. Advertising $200 per month Rent $1,100 per month Barber supplies $0.30 per haircut Utilities $175 per month plus $0.20 per haircut Magazines $25 per month Vin currently charges $10.00 per haircut. (a) Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total unit variable cost per haircut $ Total fixed costs

Answer rating: 100% (QA)

Answer To calculate the unit variable cost per haircut and the total monthly fixed costs ... View the full answer