Particulars | Amount (in $ ) |
Commission | $ 5.84 |
Barber Supplies | $ 0.44 |
Utilities | $ 0.37 |
Total Variable Cost per haircut | $ 6.65 per haircut |
Particulars | Amount (in $ ) |
Salaries ( 7 x $ 1,370 ) |
$ 9,590 |
Manager Salary | $ 530 |
Advertising Expense | $ 250 |
Rent Expense | $ 960 |
Utilities Expense | $ 170 |
Magazines | $ 25 |
Total Fixed Cost | $ 11,525 |
Break Even Point = Fixed Cost / ( Selling Price (-) variable Cost = $ 11,525 / ( $ 11.65 (-) $ 6.65 ) = $ 11,525 / $ 5 |
2,305 haircuts |
Break Even Sales = Fixed Cost / ( Selling Price (-) variable Cost) / Selling price = $ 11,525 / ( $ 11.65 (-) $ 6.65 ) / $ 11.65 = $ 11,625 x $ 11.60 / $ 5 |
$ 26,853 |
Particulars | Amount (in $ ) |
Sales ( 2,440 x $ 11.65 ) |
$ 28,426 |
Less: Variable Costs ( 2,440 x $ 6.65 ) |
($ 16,226) |
Less: Fixed Cost | ($ 11,525 ) |
Net Income / Loss | $ 675 |
Problem 19-1A Vin Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each...
Problem 19-1A Vin Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,500 per month. One of the barbers serves as the manager and receives an extra $540 per month. In addition to the base rate, each barber also receives a commission of $5.77 per haircut. Other costs are as follows. Advertising $230 per month $980 per month Rent Barber supplies $0.36 per haircut Utilities $170 per month plus $0.30 per haircut...
Vin Diesel owns the Fredonia Barber Shop. He employs 5 barbers
and pays each a base rate of $1,640 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 $5.96 per haircut.
Problem 18-1A Vin Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,640 per month. One of the barbers serves...
Vin Diesel owns the Fredonia Barber Shop. He employs 7 barbers
and pays each a base rate of $1,640 per month. One of the barbers
serves as the manager and receives an extra $510 per month. In
addition to the base rate, each barber also receives a commission
of $5.81 per haircut.
Other costs are as follows.
Advertising
$200
per month
Rent
$960
per month
Barber supplies
$0.31
per haircut
Utilities
$185
per month plus $0.30 per haircut
Magazines
$30...
Vin Diesel owns the Fredonia Barber Shop. He employs 7 barbers
and pays each a base rate of $1,640 per month. One of the barbers
serves as the manager and receives an extra $510 per month. In
addition to the base rate, each barber also receives a commission
of $5.81 per haircut.
Other costs are as follows.
Advertising
$200
per month
Rent
$960
per month
Barber supplies
$0.31
per haircut
Utilities
$185
per month plus $0.30 per haircut
Magazines
$30...
PRINTER VERSION BACK Vin Diesel owns the Fredonia Barber Shop. He employs barbers and pays each a base rate of $1,500 per month. One of the barbers serves as the manager and receives an extra $540 per month. In addition to the base rate, each barber also receives a commission of $5.77 per haircut Other costs are as follows. Advertising $230 per month Rent $980 per month Barber supplies 30.36 per haircut Utilities $170 per month plus $0,30 per haircut...
Problem 18-1A Vin Diesel owns the Fredonia Barber Shop. He employs barbers and pays each a base rate of $1,490 per month. One of the barbers serves as the manager and receives an extra $550 per month. In addition to the base rate, each barber also receives a commission of $5.74 per haircut Other costs are as follows Advertising $270 per month 5990 per month $0.46 perhati $185 per month plus 50.23 per haircut $20 month Utilities Vin currently charges...
Vin Diesel owns the Fredonia Barber Shop. He employs four barbers and pays each a base rate of $1,250 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base rate, each barber also receives a commission of $4.50 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...
Crane Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,370 per month. One of the barbers serves as the manager and receives an extra $530 per month. In addition to the base rate, each barber also receives a commission of $5.80 per haircut. Other costs are as follows. Advertising Rent Barber supplies Utilities Magazines $250 per month $960 per month $0.44 per haircut $170 per month plus $0.36 per haircut $25...
Carla Vista Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,310 per month. One of the barbers serves as the manager and receives an extra $530 per month. In addition to the base rate, each barber also receives a commission of $5.50 per haircut. Other costs are as follows. Advertising $210 per month Rent $920 per month Barber supplies $0.46 per haircut Utilities $180 per month plus $0.34 per haircut Magazines...
Vin Diesel owns the Blue Spruce Barber Shop. He employs 5
barbers and pays each a base rate of $1,490 per month. One of the
barbers serves as the manager and receives an extra $550 per month.
In addition to the base rate, each barber also receives a
commission of $4.50 per haircut.
Other costs are as follows.
Advertising
$270
per month
Rent
$990
per month
Barber supplies
$0.30
per haircut
Utilities
$185
per month plus $0.20 per haircut
Magazines...