View the step-by-step solution to:

Question

# 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 monthRent\$1,100 per monthBarber supplies\$0.30 per haircutUtilities\$175 per month plus \$0.20 per haircutMagazines\$25 per month

Vin currently charges \$10 per haircut.

(c)

Prepare a CVP graph, assuming a maximum of 1,800 haircuts in a month. Use increments of 300 haircuts on the horizontal axis and \$3,000 on the vertical axis.

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents