Home / Questions / John, now retired, owns the Campus Cutter Barber Shop. He employs five barbers and pays ea
John, now retired, owns the Campus Cutter Barber Shop. He employs five barbers and pays each a base salary of $1,500 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base salary, each barber receives a commission of $6 per haircut. Each barber can do as many as 20 haircuts a day, but the average is 14 haircuts each day. The Campus Cutter Barber Shop is open an average of 24 days per month and charges $15 per haircut.Other costs are incurred as follows:align="left">align="left">
| Advertising | $500 per month |
| Rent | $1,000 per month |
| Supplies | $1.50 per haircut |
| Utilities | $300 per month, plus $0.50 per haircut |
| Magazines | $50 per month |
| Cleaning supplies | $0.25 per haircut |
Dec 06 2019 View more View Less
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