Style Inc. is a hair care studio that specializes in haircuts and entertainment. During a haircut,...
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Style Inc. is a hair care studio that specializes in haircuts and entertainment. During a haircut, the customer receives a beverage of their choosing and watches television or chooses to listen to music. Style Inc. is working on understanding its costs and has created the following list of costs for you. You can ignore tips in this analysis because Style Inc. does not allow its customers to tip the hair stylist: ignore any other costs that are not mentioned here. • Each haircut costs the customer $71 • Style Inc. pays its employees $20 per haircut The subscription to the television service customers watch during their haircut is $250/month • Beverages cost $2/each, and every customer gets a beverage during their haircut •The rent on the studio is $1,000/month • The manager of the studio earns a fixed fee of $2,000/month . Question: How many haircuts does Style Inc. need to do in a month to break even? Please show your answer rounded to the nearest unit (although rounding up is the most accurate). Style Inc. is a hair care studio that specializes in haircuts and entertainment. During a haircut, the customer receives a beverage of their choosing and watches television or chooses to listen to music. Style Inc. is working on understanding its costs and has created the following list of costs for you. You can ignore tips in this analysis because Style Inc. does not allow its customers to tip the hair stylist: ignore any other costs that are not mentioned here. • Each haircut costs the customer $71 • Style Inc. pays its employees $20 per haircut The subscription to the television service customers watch during their haircut is $250/month • Beverages cost $2/each, and every customer gets a beverage during their haircut •The rent on the studio is $1,000/month • The manager of the studio earns a fixed fee of $2,000/month . Question: How many haircuts does Style Inc. need to do in a month to break even? Please show your answer rounded to the nearest unit (although rounding up is the most accurate).
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Accounting Information Systems basic concepts and current issues
ISBN: 978-0078025334
3rd edition
Authors: Robert Hurt
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