Question

one barber who also serve as a manager is been paid $1,830 per month, the other barber are paid $1,300 a month, in addition each barber is paid a commission of $2 per haircut, other monthly cost include store rent $810 plus 60 cent per hair cut, depricaton on equipment $ 540, barber suppllies 40 cent per hair cut , utilities $370, advertisting $250. the price of haircut is $13 determine the operating income assuming 1,500 haircuts are given in a month

Name: one barber who also serve as a manager is been paid 1830 per month the other barber are paid 1300 a month in addition each barber is paid a commission of 2 per haircut other monthly cost inc 99835
Uploaded: 2023-09-11T12:54:40-08:00
Duration: 6 min 31 s
Channel: Madhur L
Description: one barber who also serve as a manager is been paid 1830 per month the other barber are paid 1300 a month in addition each barber is paid a commission of 2 per haircut other monthly cost inc 99835

          one barber who also serve as a manager is been paid $1,830 per month, the other barber are paid $1,300 a month, in addition each barber is paid a commission of $2 per haircut, other monthly cost include store rent $810 plus 60 cent per hair cut, depricaton on equipment $ 540, barber suppllies 40 cent per hair cut , utilities $370, advertisting $250. the price of haircut is $13 determine the operating income assuming 1,500 haircuts are given in a month

Added by Don B.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Madhur L

09/11/2023

Step 1

- The manager/barber is paid $1,830 per month. - The other barbers are paid $1,300 each. Assuming there is only one other barber for simplicity, the total salary for the other barber is $1,300. - Total monthly salary for all barbers = $1,830 (manager) + $1,300 Show more…

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one barber who also serve as a manager is been paid $1,830 per month, the other barber are paid $1,300 a month, in addition each barber is paid a commission of $2 per haircut, other monthly cost include store rent $810 plus 60 cent per hair cut, depricaton on equipment $ 540, barber suppllies 40 cent per hair cut , utilities $370, advertisting $250. the price of haircut is $13 determine the operating income assuming 1,500 haircuts are given in a month