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P6.40A (LO 1, 2, 3) Service The Peace Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $3,900 per month. The other barbers are paid $1,900 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs are as follows: store rent $700 plus 60 cents per haircut; depreciation on equipment $500; barber supplies 40 cents per haircut; utilities $300; and advertising $100. The price of a haircut is $11. Instructions on PORNOGO di ognuna distan't a. Determine the variable cost per haircut and the total monthly fixed costs. ts.bundle b. Calculate the break-even point in units and dollars. c. Prepare a CVP graph, assuming a maximum of 1,800 haircuts in a month. Use increments of 300 haircuts on the horizontal axis and $5,000 increments on the vertical axis. d. Determine the operating income, assuming 1,700 haircuts are given in a month. This item was originally published by the Certified General Accountants Association of Canada (CGA Canada) as an examination question. Adapted with permission of the Chartered Professional Accountants of Canada, Toronto, Caraia. Any to the material are the sole or ...cursed by the Chariered Frofessional Accountants of Canada. Canaler selv have chance Final materialeve the sole responsibility of the publisher and have not been reviewed

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