Leon is opening their hair salon and is working on some projections for their sales and expenses. They have determined that they do 200 haircuts per month at a charge to each customer of $24. Their variable expenses per cut are $4, and they have fixed costs including rent and insurance of $915 per month. Calculate Leon's operating income based on the information provided. O $4,685 O $4,800 O $3,085 O $3,885, Save for Later Submit Answe

Leon is opening their hair salon and is working on some projections for their sales and expenses. They have determined that they do 200 haircuts per month at a charge to each customer of $24. Their variable expenses per cut are $4, and they have fixed costs including rent and insurance of $915 per month. Calculate Leon's operating income based on the information provided. O $4,685 O $4,800 O $3,085 O $3,885, Save for Later Submit Answe

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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