# Biology Forums - Study Force

## Other Fields Homework Help Accounting Topic started by: pixiedust7891 on Jan 18, 2023

 Title: Jenny's Cutting Station offers a new concept in haircuts; low cost and very quick. Set in a local ... Post by: pixiedust7891 on Jan 18, 2023 Jenny's Cutting Station offers a new concept in haircuts; low cost and very quick. Set in a local mall, Jenny's offers 15-minute haircuts for harried shoppers who do not have time for lengthy appointments. To ensure that the clients are in and out quickly, she schedules her 5 employees based on expected client traffic. Each of the employees is paid \$1,200 per month, with part of their pay coming from client tips. Jenny pays rent and overhead costs of \$2,000 per month. Because of the quick nature of the service, Jenny doesn't have time to clean combs in between clients, so she uses a new comb for each customer, at a cost of \$0.55 each. She also provides shampoo and conditioner for each client at a cost of \$0.95 per client. The average price for a haircut is \$12. Jenny pays herself \$5,000 per month. Calculate Jenny's net operating income assuming 1,400 haircuts this month.▸ \$2,900▸ \$3,800▸ \$1,700▸ \$6,500 Title: Jenny's Cutting Station offers a new concept in haircuts; low cost and very quick. Set in a local ... Post by: madizm on Jan 18, 2023 Content hidden