Answered

​Curly's Cuts gave 410 haircuts this past month. They charge​ $15 per haircut. Expenses incurred during the month were​ $3,900 wages,​ $318 utilities/water, and​ $270 shampoo/styling products.​ $2,900 in wages were paid during the​ month, the rest of the wageslong dashalong with the utilities and​ shampoo/styling products were not paid during the month. What is​ Curly's net income or loss for the​ month?

Answer :

Answer:

Net income = $1,662

Explanation:

Given that

Wages = $3,900

Utilities = $318

Styling product = $270

The computation of given question is below:-

Service revenue

= 410 × $15

= $6,150

Total expense incurred = Wages + Utilities + Styling product

= $3,900 + $318 + $270

= $4,488

Net income = Service revenue - Total expense incurred

= $6,150 - $4,488

= $1,662

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