The Cullumber Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $1,840 per month. The other barbers are paid $1,310 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs a as follows: store rent $800 plus 60 cents per haircut; depreciation on equipment $520; barber supplies 40 cents per haircut; utilities $360; and advertising $220. The price of a haircut is $13. (a) Your answer is correct. Determine the variable cost per haircut and the total monthly fixed costs. (Round variable cost to 2 decimal places, e.g. 15.25.) Variable cost (b) Total monthly fixed costs eTextbook and Media tA Break-even Point $ Break-even Point $ tA Your answer is incorrect. $ Calculate the break-even point in units and dollars. 3 7670 units per haircut Attempts: 1 of 3 used
The Cullumber Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $1,840 per month. The other barbers are paid $1,310 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs a as follows: store rent $800 plus 60 cents per haircut; depreciation on equipment $520; barber supplies 40 cents per haircut; utilities $360; and advertising $220. The price of a haircut is $13. (a) Your answer is correct. Determine the variable cost per haircut and the total monthly fixed costs. (Round variable cost to 2 decimal places, e.g. 15.25.) Variable cost (b) Total monthly fixed costs eTextbook and Media tA Break-even Point $ Break-even Point $ tA Your answer is incorrect. $ Calculate the break-even point in units and dollars. 3 7670 units per haircut Attempts: 1 of 3 used
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 11EA: Markson and Sons leases a copy machine with terms that include a fixed fee each month plus acharge...
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Vaibhav
![The Cullumber Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $1,840 per month.
The other barbers are paid $1,310 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs are
as follows: store rent $800 plus 60 cents per haircut; depreciation on equipment $520; barber supplies 40 cents per haircut; utilities
$360; and advertising $220. The price of a haircut is $13.
(a)
Your answer is correct.
Determine the variable cost per haircut and the total monthly fixed costs. (Round variable cost to 2 decimal places, e.g. 15.25.)
Variable cost
Total monthly fixed costs
(b)
eTextbook and Media
Break-even Point
Break-even Point
$
Your answer is incorrect.
LA
tA
Calculate the break-even point in units and dollars.
$
$
tA
3
7670
units
per haircut
Attempts: 1 of 3 used](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d4b00a5-a55d-4357-96b4-1a47e0f88e7c%2Fbaab27cd-3b18-408e-b99d-fcf84f4455fb%2Femgjahq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The Cullumber Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $1,840 per month.
The other barbers are paid $1,310 per month. In addition, each barber is paid a commission of $2 per haircut. Other monthly costs are
as follows: store rent $800 plus 60 cents per haircut; depreciation on equipment $520; barber supplies 40 cents per haircut; utilities
$360; and advertising $220. The price of a haircut is $13.
(a)
Your answer is correct.
Determine the variable cost per haircut and the total monthly fixed costs. (Round variable cost to 2 decimal places, e.g. 15.25.)
Variable cost
Total monthly fixed costs
(b)
eTextbook and Media
Break-even Point
Break-even Point
$
Your answer is incorrect.
LA
tA
Calculate the break-even point in units and dollars.
$
$
tA
3
7670
units
per haircut
Attempts: 1 of 3 used
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