Mathematics

Teagan Randolph

11 July, 07:52

Telly Savalas owns the Bonita Barber Shop. He employs four barbers and pays

each a base rate of $1,000 per month. One of the barbers serves as the manager and

receives an extra $500 per month. In addition to the base rate, each barber also receives a

commission of $4.50 per haircut.

Other costs are as follows.

Advertising $200 per month

Rent $1,100 per month

Barber supplies $0.30 per haircut

Utilities $175 per month plus $0.20 per haircut

Magazines $25 per month

Telly currently charges $10 per haircut.