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inysia [295]
3 years ago
12

Vin diesel owns the fredonia barber shop. he employs 6 barbers and pays each a base rate of $1,310 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 $5.90 per haircut. other costs are as follows. advertising $280 per month rent $980 per month barber supplies $0.38 per haircut utilities $170 per month plus $0.27 per haircut magazines $20 per month vin currently charges $11.55 per haircut. (a) your answer is partially correct. try again. determine the variable costs per haircut and the total monthly fixed costs. (round variable costs to 2 decimal places,
e.g. 2.25.) total variable cost per haircut
Business
1 answer:
Ugo [173]3 years ago
6 0
To find the fixed cost, we need add all costs that do not change with the number of haircuts. These are the salaries of the barbers and the manager bonus, the advertisement fees, rent and the magazines. We also have the standard part of the utility payment, the 170$. Those add up to:
6*1310+520+280+980+20+170=9830$. We also have regarding the variable costs:
The utilities variable part are included since they depend on haircuts, barber supplies and the base rate of each barber per haircut. Hence those are:
(5.90+0.38+0.27 per haircut)=6.55$ per haircut
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harkovskaia [24]

The date the board of directors votes to declare and pay a cash dividend is called the date of declaration.

<h3>What does the declaration date mean?</h3>

A declaration date refers the date on which the board of directors of a company announces the next date of dividend payment. The board of directors of a company announces a cash dividend on a declaration date, which involve paying a certain amount of money per common share.

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5 0
1 year ago
Von hayek's kayaks can borrow $12,500 for 60 days at a cost of $220 interest. what is the effective rate of interest?
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3 years ago
How much would a homeowner receive with actualâ cash-value coverage and replacement cost coverage for aâ three-year old sofa des
ELEN [110]

Answer:

$729

Explanation:

We can calculate the actual cost value by first multiplying the purchase value by the depreciation rate and after that deducting that amount from the replacement cost.

DATA

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Depreciation rate  = 3 years/6 years = 0.5

Solution

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3 0
3 years ago
Kirstin is thinking about opening an Italian restaurant and needs to buy a dough maker. Machine A has fixed costs of $300 and va
zepelin [54]

Answer:

Crossover point: 1,000 pounds

at 500 pounds of production Machine A generates less cost for Kirstin

Explanation:

We need to solve for the quantity at which Kirstin is indiferent about which machine to purchase as both have the same cost:

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Machine B: 0.3Q + 1,000

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<u>at 500 pounds;</u>

<em>Machine A:</em> $ 1.00  (500) + $300  =  $  800

Machine B: $ 0.30  (500) + 1,000 =  $ 1,150

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