p5-1b - Name: Date: Instructor: Course: rd Managerial...

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FileName: e13bcf0b26d1b3c86456ba61b1383719adb6f727.xls, Tab: Problem P5-1B, Page 1 of 2, 12/28/2011, 19:02:03 Name: Date: Instructor: Course: $1,200 per month. One of the barbers serves as the manager and receives an extra $600 per month. In addition to the base rate, each barber also receives a commission of $3.50 per haircut. Other costs are as follows: Advertising $200 per month Rent 1000 per month Barber supplies $0.40 per haircut Utilities $300 per month Magazines $25 per month Hung currently charges $12 per haircut. Instructions: Variable costs (per haircut) Fixed costs (per month) Title Amount Title Amount Title Amount Title Amount Title Amount Title Amount Total variable cost per haircut Formula Title Amount Title Amount Title Amount Total fixed monthly costs Formula Sales = Title + Title + Title Title = Amount + Amount + Amount Title = Formula Title = Formula haircuts Break-even = Amount Title X Amount Title = Formula 1,500 haircuts are given in a month. Net income =
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p5-1b - Name: Date: Instructor: Course: rd Managerial...

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