Problem 19-1ATelly Savalas owns the Bonita Barber Shop. He employs 6 barbers and

Problem 19-1ATelly Savalas owns the Bonita Barber Shop. He employs 6 barbers and pays each a base rate of $1200 per month. One of the barbers serves as the manager and receives an extra $540 per month. In addition to the base rate each barber also receives a commission of $5.70 per haircut.Other costs are as follows.Advertising$250 per monthRent$990 per monthBarber suppliesUtilitiesMagazines$0.50 per haircut$175 per month plus $0.40 per haircut$30 per monthTelly currently charges $11.80 per haircut.Determine the variable cost per haircut and the total monthly fixed costs. (Round variable costs to 2 decimalplaces e.g. 2.25.)Total variable cost per haircut $Total fixed$Compute the break-even point in units and dollars. (Round answers to 0 decimal places e.g. 1225.)Break-even pointhaircutsBreak-even point $Determine net income assuming 2400 haircuts are given in a month.Net income $