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Please indicate answer if u can.
Matt Reiss owns the Fredonia Barber Shop. He employs five barbers and pays each a base rate of $1,000 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base rate, each barber also receivesa commission of $5.50 per haircut.

     Other costs are as follows.

Advertising $200 per month
  Rent $900 per month
  Barber supplies $0.30 per haircut
  Utilities $175 per month plus $0.20 per haircut
Magazines $25 per month

Matt currently charges $10 per haircut.

Determine the variable cost per haircut and the total monthly fixed costs.
Variable costs $
Total fixed costs $
Compute the break-even point in units and dollars.
Breakeven point in units haircuts
Breakeven point in dollars $
Determine net income, assuming 1,900 hair cutsare given in a month.



May 02 2018 Read more Less More

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