Question & Answer: employs 5.00 barbers and pays each a base rate of $1,640 per month. One of the barbers se…..

Vin Diesel owns the Fredonia Barber Shop. He employs 5.00 barbers and pays each a base rate of $1,640 per month. One of the barbers serves as the manager and receives an extra $520 per month. In addition to the base rate, each barber also receives a commission of $5.96 per haircut. Other costs are as follows. Don't use plagiarized sources. Get Your Custom Essay on Question & Answer: employs 5.00 barbers and pays each a base rate of $1,640 per month. One of the barbers se….. GET AN ESSAY WRITTEN FOR YOU FROM AS LOW AS $13/PAGE Order Essay Advertising $280 per month Rent $990 per month Barber supplies $0.47 per haircut Utilities $175 per month plus $0.35 per haircut Magazines $25 per month Vin currently charges $11.78 per haircut.

Determine the variable costs 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

Compute the break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 1,225.) Break-even point haircuts Break-even point $ LINK TO TEXT

Determine net income, assuming 2,490 haircuts are given in a month. (Round answers to 0 decimal places, e.g. 1,225.) Net income / (Loss) $

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