Business, 10.03.2020 08:13 domiyisthom

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 $200 per month
Rent $1,100 per month
Barber supplies $0.30 per haircut
Utilities $175 per month plus $0.20 per haircut
Magazines $25 per month
Vin currently charges $10 per haircut.

Determine the variable costs per haircut and the total monthly fixed costs.

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Vin Diesel owns the Fredonia Barber Shop. He employs 6 barbers and pays each a base rate of $1,600 p...