# Managerial Accounting

terrrnjohnscn2i
Tue, 3/7/17
Numeric
150
Excel spreadsheet and 1-2 pages
View objectives for this assignment
Go To:
##### My Work:
Online Deliverables:
Looking for tutoring? Go to Smarthinking
Collapse All | Expand All

### Assignment Description

Consider the following scenario:

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid \$9.90 per hour and works a 40-hour week and a 50-week year, regardless of the number of haircuts. Rent and other fixed expenses are \$1,750 per month. Hair shampoo used on all clients is \$0.40 per client. Assume that the only service performed is the giving of haircuts (including shampoo), the unit price of which is \$12. Andre has asked you to find the following information.

• Find the contribution margin per haircut. Assume that the barbers' compensation is a fixed cost. Show calculations to support your answer.
• Determine the annual break-even point, in number of haircuts. Support your answer with an appropriate explanation. Show calculations to support your answer.
• What will be the operating income if 20,000 haircuts are performed? Show calculations to support your answer.
• Suppose Andre revises the compensation method. The barbers will receive \$4 per hour plus \$6 for each haircut. What is the new contribution margin per haircut? What is the annual break-even point (in number of haircuts)? Show calculations to support your answer.

Using the information provided, provide a memo to Andre explaining the completed analysis and how he should use this information to monitor the operations of the barber shop.  The memo should explain the cost associated with the barber shop including their relationships.

For assistance with your assignment, please use your text, Web resources, and all course materials.

Your assignment will be graded in accordance with the following criteria. Click here to view the grading rubric.

### Other Information

THIS ASSIGNMENT IS DUE TONIGHT MARCH 7TH, 2017 AT 10PM CENTRAL STANDARD TIME.

IM PAYING A TOTAL OF \$15.00 FOR THIS ASSIGNMENT.

• Posted: 2 years ago
• Due:
• Budget: \$15

Purchase the answer to view it

Purchase the answer to view it

Purchase the answer to view it

• Rated 2 times

### Activity-Based Costing and Process Costing

Katetutor....

Excel spreadsheet and 1-2 pages

### Assignment Objectives

Understand the role of performance measures in an organization

Consider the following scenario:

Andre has asked you …

• Rated 2 times

### need help

Consider the following scenario:

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid \$9.90 per …

• Rated 2 times

### help accounting

Need 1-2 pages, and an excel spreadsheet for this

Consider the following scenario:

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. …

• Rated 2 times

### Accounting

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid \$9.90 per hour and works a 40-hour week and …

• Rated 1 times

### Excel spreadsheet 1-2 pages

Consider the following scenario:

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid \$9.90 per …

• Rated 2 times

### For Mathematics expert...

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid \$9.90 per hour and works a 40-hour week and …

• Rated 2 times

### Andre’s Hair Styling

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid \$9.90 per hour and works a 40-hour week and …

• Rated 2 times

### Managerial Accounting Unit 3 IP

Unit3 - Individual Project Consider the following scenario: Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) …

• Rated 2 times

### Managerial Accounting

Unit3 - Individual Projectclose
Consider the following scenario:

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of …

• Rated 2 times

### managerial account

Excel spreadsheet 2 pages

Consider the following scenario:

Andre has asked you to evaluate his business, Andre’s Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each …