Consider the following scenario: Andre has asked you to evaluatehis business Andres Hair Styling. Andre has five barbers workingfor him. (Andre is not one of them.) Each barber is paid $9.90 perhour and works a 40-hour week and a 50-week year regardless of thenumber of haircuts. Rent and other fixed expenses are $1750 permonth. Hair shampoo used on all clients is .40 per client. Assumethat the only service performed is the giving of haircuts(including shampoo) the unit price of which is $12. Andre hasasked you to find the following information.