Answer Happy

George Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base salary of $1,380 per month. One of the barbers serves as the manager and receives an extra $580 per month. In addition to the base salary, each barber also receives a commission of $10.70 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $260 per month $1,010 per month $0.50 per haircut $165 per month plus $0.20 per haircut $15 per month George currently charges $19.00 per haircut.
(a) Your answer has been saved. See score details after the due date. 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 11.40) 8930 Attempts: 1 of 1 used.
(b) Your answer has been saved. See score details after the due date. Compute the break-even point in sales units and in sales dollars. Break-even point Break-even point sales $ (d) Net income. $ 1175 Save for Later 2938 Determine net income, assuming 1,530 haircuts are given in a month. haircuts Attempts: 1 of 1 used. Attempts: 0 of 1 used. Submit Answer