Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 06 Jan 2018 My Price 7.00

Sasoon Barber Shop

P5-1B The Sasoon Barber Shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $3,000 per month. The other barbers are paid $1,500 per month. In addition, each barber is paid a commission of $3 per haircut. Other monthly costs are store rent $700 plus 60 cents per haircut, depreciation on equipment $400, barber supplies 40 cents per haircut, utilities $300, and advertising $100. The price of a haircut is $10.

 

 

 

 

 

 

 

Instructions

 

(a)  Determine the variable costs per haircut and the total monthly fixed costs.

 

(b)  Compute the break-even point in units and dollars.

 

(c)   Prepare a CVP graph, assuming a maximum of 1,800 haircuts in a month. Use incre- ments of 300 haircuts on the horizontal axis and $3,000 increments on the vertical axis.

 

(d)  Determine the net income, assuming 1,800 haircuts are given in a month.

 

 


Answers

Maurice Tutor
(5)
Status NEW Posted 06 Jan 2018 11:01 PM My Price 7.00

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