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Dmitrij [34]
3 years ago
13

What is total variable cost per haircut and total fixed cost

Business
1 answer:
Anna007 [38]3 years ago
7 0

Answer:

Variable costs per hair cut: =$12

Total fixed costs: =$12,840

Explanation:

Variable costs are the cost that changes depending on the output level. For this barbers shop, variable costs are

Barbers commission= $11.40

Barber supplies: $0.45

supplies $0.15

Total variable cost per hair cut

= $11.40 + $0.45 + $0.15

=$12

Fixed costs will be the constant costs throughout the year. They will be the same months after month.

Fixed costs for the barber shop will be

Base rate : $1570 x 7 =$10,990

Managers extra pay = $525

Advertising = $240

Rent $900

Utilities $150

Magazines $35

Total fixed cost

=$10,990 + $525, + $240, + $900, + $150, + $35

=$12,840

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Redbox places vending machines at local convenience and grocery stores that allow customers to rent and return popular DVDs 24 h
ser-zykov [4K]

Answer:

The correct answer is letter "A": time and place.

Explanation:

There are four (4) types of economic utility: <em>form, place, time, </em>and <em>possession</em>. Time utility refers to the value consumers see in goods or services to have them available whenever they want. Place utility represents the value goods and services have by being available at any place.

In such scenario,<em> Redbox vending machines fulfill the time form utility by having DVDs 24 hours per day and the place form utility by having them at convenience and grocery stores.</em>

6 0
3 years ago
Explain in paragraph form the FOUR reasons why wage rates differ.
k0ka [10]
-skill set
-education level
-training/ experience
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7 0
3 years ago
Use the Rule of 70 to answer the questions on economic growth. Round answers to two places after the decimal. If annual real GDP
lyudmila [28]

Answer:

39 years

Explanation:

Under the rule of 70, the economy doubles its real GDP per capita income

In this the computation is done by dividing the 70 by the annual growth rate

So, the formula is shown below:

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where,

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By dividing the rule of 70 by the growth rate we can find the number of years at which the GDP doubles

4 0
4 years ago
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Grace [21]

Answer:

D. The 80 percent coinsurance rate is reduced when a policy requires a higher coinsurance percentage.

Explanation:

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5 0
3 years ago
Marteena is interested in determining the reasons why people have decided to attend the annual diversity conference at her unive
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3 0
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