Business Homework Solutions
#21590
Small business management and break 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)?
Small business management and break even point
What is this?
By OTA - Overall OTA Rating
Thomas Murray, MBA - 4.6/5
Purchase Cost Now
$2.19 CAD (was ~$3.99)
Included in Download
- Plain text response
Why you can trust BrainMass.com
- Your Information is Secure
- Best Online Academic Help Service
- Students find real academic Success
- Pure Powder: Contribution Margin and Breakeven Point for a snowboard - The snowboard sells for $180. a) What is the unit contribution margin per snowboard? b) What is the breakeven point in units? c) Explain what the contribution margin is, and why it is useful ...
- Break even - see attachment.
- Ellwell Income Statement: What is the contribution margin ratio? At break-even? - The income statement for Ellwell for 2000 is as follows: Sales (10,000 units) $80,000 Less variable costs -$56,000 Contribution margin $24,000 Less fixed costs -$24,000 Net income $ 0 What i ...
- Annual break-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 fix ...
- contribution margin percentage - The LJB Company contribution income statement for the most recent month is presented below: See attached word doc for figures Compute the company's contribution margin percentage and break-eve ...
