ACC202 Milestono One: Operational Costs Data Appendla You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for sewing your products. After some research and planning, you have estimates for the various operating costs for your business. The total square footage for the sewing rooms is 1,500 square feet broken into three areas (500 square feet each). You have taken out a loan for start-up costs, and the monthly payment is \$550; it goes into effect Immediately and should be accounted for in your costs. You will also collect a modest salary for the first year of $500 per month; remember to divlde evenly among the services. Salary and Hiring Data - One collar maker, who will be paid $16.00 per hour and work 40 hours per week - One leash maker, who will be paid $16.00 per hour and work 40 hours per week - One harness maker, who will be paid $17.00 per hour and work 40 hours per week - One receptionist, who will be paid $15.00 per hour and work 30 hours per week Other Costs - Rent $750 per month; allocate based on square footage - High-tensille strength nylon webbing $12 per yard of webblins - 3 collars per yard of webbing - 2 leashes per yard of webbing - 2 hamesses per yard of webbing - Polyesterylon ribbons $9 per yard of ribbon - 3 collars per yard of ribbon - 2 leashes per yard of ribbon - 2 hamesses per yard of ribbon - Buckles made of cast hardware $0.50 per buckle - 4 buckles used per collar - 3 buckles used per leash - 8 buckles used per harness - 3 industrial sewing machines at $3,300 each for a total of $9,900; depreciation is $165 per month ( 5 year life, zero salvage value) - Urilties and Insurance: $600 per month; allocate based on square footage - Scissors, thread, cordins\$ \$1,200 - Prica tags: $250 for 2,500 (\$0,10 each) - Office suppliess $2,400 or $200 per month - Other business equipments $2,000 - Lon payment of $550 per month - Salary drawn of $500 per month Milestone One - Variable and Fixed Costs \begin{tabular}{|l|l|l|} \hline 42 & Harnesses \\ \hline 44 & Item \\ \hline \hline 46 & High-tensilestrength nylon webbing \\ \hline 47 & Polyesterylon ribbons \\ \hline 48 & Buckles made of cast hardware \\ \hline 49 & Price tags \\ \hline 50 & \\ \hline 51 & \\ \hline 52 & \\ \hline 53 & \\ \hline 54 & \\ \hline 55 & \\ \hline 57 & Total Variable Costs per Harness \\ \hline 58 & \end{tabular} Item Fixed Costs Harness maker's salary Depreciation on sewing machines Rent Utilities and insurance Scissors, thread, and cording Loan Salary to self Total Fixed Costs ACC202 Milestono One: Operational Costs Data Appendla You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for sewing your products. After some research and planning, you have estimates for the various operating costs for your business. The total square footage for the sewing rooms is 1,500 square feet broken into three areas (500 square feet each). You have taken out a loan for start-up costs, and the monthly payment is \$550; it goes into effect Immediately and should be accounted for in your costs. You will also collect a modest salary for the first year of $500 per month; remember to divlde evenly among the services. Salary and Hiring Data - One collar maker, who will be paid $16.00 per hour and work 40 hours per week - One leash maker, who will be paid $16.00 per hour and work 40 hours per week - One harness maker, who will be paid $17.00 per hour and work 40 hours per week - One receptionist, who will be paid $15.00 per hour and work 30 hours per week Other Costs - Rent $750 per month; allocate based on square footage - High-tensille strength nylon webbing $12 per yard of webblins - 3 collars per yard of webbing - 2 leashes per yard of webbing - 2 hamesses per yard of webbing - Polyesterylon ribbons $9 per yard of ribbon - 3 collars per yard of ribbon - 2 leashes per yard of ribbon - 2 hamesses per yard of ribbon - Buckles made of cast hardware $0.50 per buckle - 4 buckles used per collar - 3 buckles used per leash - 8 buckles used per harness - 3 industrial sewing machines at $3,300 each for a total of $9,900; depreciation is $165 per month ( 5 year life, zero salvage value) - Urilties and Insurance: $600 per month; allocate based on square footage - Scissors, thread, cordins\$ \$1,200 - Prica tags: $250 for 2,500 (\$0,10 each) - Office suppliess $2,400 or $200 per month - Other business equipments $2,000 - Lon payment of $550 per month - Salary drawn of $500 per month Milestone One - Variable and Fixed Costs \begin{tabular}{|l|l|l|} \hline 42 & Harnesses \\ \hline 44 & Item \\ \hline \hline 46 & High-tensilestrength nylon webbing \\ \hline 47 & Polyesterylon ribbons \\ \hline 48 & Buckles made of cast hardware \\ \hline 49 & Price tags \\ \hline 50 & \\ \hline 51 & \\ \hline 52 & \\ \hline 53 & \\ \hline 54 & \\ \hline 55 & \\ \hline 57 & Total Variable Costs per Harness \\ \hline 58 & \end{tabular} Item Fixed Costs Harness maker's salary Depreciation on sewing machines Rent Utilities and insurance Scissors, thread, and cording Loan Salary to self Total Fixed Costs