Break even analysis
Shampoo and style $40
Style only $20
Color $35
High lights $ 100
Manicure and pedicure $50
Massage $ 60
Use the following steps
• 1. Identify pricing objectives and constraints.
• 2. Estimate demand and revenue.
• 3. Determine cost, volume, and profit relationships.
• 4. Select an approximate price level.
• 5. Set list or quoted price.
• 6. Make special adjustments to list or quoted price.