Telly Savalas owns the Bonita Barber Shop. He employs 6 barbers and pays each a base...

  

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Telly Savalas owns the Bonita Barber Shop. He employs 6 barbers and pays each a base rate of $1,100 per month. One of the barbers serves as the manager and receives an extra $550 per month. In addition to the base rate, each barber also receives a commission of $5.60 per haircut. Other costs are as follows. Advertising. Rent Barber supplies Utilities Magazines $310 per month. $920 per month $0.30 per haircut $170 per month plus $0.40 per haircut $20 per month Telly currently charges $11.50 per haircut. Determine the variable cost per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total variable cost per haircut Total fixed LINK TO TEXT LINK TO TEXT $ VIDEO: SIMILAR PROBLEM Compute the break-even point in units and dollars. (Do not round any intermediate calculations and round only answers to 0 decimal places, e.g. 1,225.) Break-even point Break-even point $ LINK TO TEXT haircuts Net income VIDEO: SIMILAR PROBLEM Determine net income, assuming 2,370 haircuts are given in a month. Click if you would like to Show Work for this question: Open Show Work Telly Savalas owns the Bonita Barber Shop. He employs 6 barbers and pays each a base rate of $1,100 per month. One of the barbers serves as the manager and receives an extra $550 per month. In addition to the base rate, each barber also receives a commission of $5.60 per haircut. Other costs are as follows. Advertising. Rent Barber supplies Utilities Magazines $310 per month. $920 per month $0.30 per haircut $170 per month plus $0.40 per haircut $20 per month Telly currently charges $11.50 per haircut. Determine the variable cost per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) Total variable cost per haircut Total fixed LINK TO TEXT LINK TO TEXT $ VIDEO: SIMILAR PROBLEM Compute the break-even point in units and dollars. (Do not round any intermediate calculations and round only answers to 0 decimal places, e.g. 1,225.) Break-even point Break-even point $ LINK TO TEXT haircuts Net income VIDEO: SIMILAR PROBLEM Determine net income, assuming 2,370 haircuts are given in a month. Click if you would like to Show Work for this question: Open Show Work

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solution variable cost Barber supplies Utilities commission Total variable cost Monthly fix... View the full answer