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ACC 206 Week 3 E16-17 Fido Grooming P16-25A Fido Treats
This file of ACC 206 Week 3 Fido Grooming Fido Treats consists of:
P 17A-11A
P 17-26A
P16-25A
E 16-17
Calculating income and cost per unit for a service company
Fido Grooming provides grooming services in the local community, In April, Kevin Oliver, the owner, incurred the following operating costs to groom 650 dogs:
Wages …………………………………………………………………… $3,900
Grooming supplies expense …………………………………. 1,625
Building rent expense ………………………………………….. 1,300
Utilities …………………………………………………………………. 325
Depreciation on equipment .............................. 130
Fido Grooming earned $16,300 in revenues from grooming for the month of April.
Requirements:
1. What is Fido's net operating income for April?
2. What is the cost to groom one dog?
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