Business Homework Solutions
Problem
#15394

Annual bread-even point

A barber asked me to evaluate his business.  He has five barbers working for him.  Each barber is paid $4 per hour plus $6 for each haircut and works 40hrs week and a 50-week year.  Rent and other fixed expenses ($1,750) per month.  What is the contribution margin per haircut?  What is the annual break-even point (in number of haircuts)?  

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