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The peace barber shop employs four barbers. One barber, who also serves as the manager, is paid a salary of $1,800 per month. The other barbers are paid 1,300 per month. In addition, each barber is paid a commission of $4 per haircut. Other monthly costs are: store rent $800 plus 60 cents per haircut, depreciation on equipment $500, barber supplies 40 cents per haircut, utlilities $300, and advertising $ 200. the price of a haircut is $11.Instructions(1) Determine the variable cost per haircut and the total monthly fixed cost(2) Compute the break even point in i)units and ii)dollars(3) Determine the net income, assuming 1500 are given in a month?
Budgeting is an important internal activity. Preparing budgets involve forecasting sales and estimating costs. For this SLP, you will prepare a flexible budget for next year for the company of your choice. The budget needs to be realistic and base..
power grid engineering associates inc. provides consulting services to commercial electric utilities. the consulting
Albacore company had 300,000 shares of common stock issued and outstanding. Albacore issued a 10% stock dividend on June 30. On September 30, 12,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares..
hagar co. computed an overhead rate for machining costs 1500000 of 15 per machine hour. machining costs are driven by
On April 3, 2001, the client asked the CPA to audit the client's financial statements for the year ended December 31, 2001. Is the CPA considered independent with respect to the audit of the client's December 31, 2001, financial statements?
Fixed rate notes and bonds have interesting dynamics that respond to various economic factors affecting the market or fair value of those instruments. There are several potential results from the issuance of fixed rate instruments.
Gift tax returns were filed reporting these gifts. How much of her estate is subject to federal estate tax after considering the estate tax exemption?
The expected risk and return on individual securities are two of the most important measures of attractiveness. Precisely and completely explain how the expected return and standard deviation of the returns on individual securities are determined ..
What is the payout policy and list and explain the two primary ways in which a firm can distribute cash to shareholders.
Calculate the balance of Retained Earnings that would appear on a balance sheet at December 31, 2010.
on january 1 2008 the ramirez company ledger shows equipment 29000 and accumulated depreciation 9000. the depreciation
assignment 1prepare solutions to the following questions concerning topics covered in the first half of the
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