Vin Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a...
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Vin Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1,600 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 $5.99 per haircut. Other costs are as follows Advertising $210 per month Rent Barber supplies $0.38 per haircut Utilities Magazines 970 per month $180 per month plus $0.31 per haircut 30 per month Vin currently charges $11.68 per haircut Compute the break-even point in units and dollars. (Round answers to O decimal places, e.g. 1,225.) Break-even point Break-even point $ 2302 haircuts 26887 eTextbook and Media d) Determine net income, assuming 2,380 haircuts are given in a month. (Round answer to O decimal places, eg.1,225.) Net income/ (Loss) $
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