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Calculating income and cost per service for a service company Fido Grooming provides grooming services for pets. In April, the company earned $16,300 in revenues
Calculating income and cost per service for a service company | |||||||||||||
Fido Grooming provides grooming services for pets. In April, the company earned $16,300 in revenues and incurred the following operating costs to groom 650 dogs: | |||||||||||||
Wages | $ 3,900 | ||||||||||||
Grooming Supplies Expense | 1.625 | ||||||||||||
Building Rent Expense | 1.3 | ||||||||||||
Utilities Expense | 325 | ||||||||||||
Depreciation ExpenseEquipment | 130 | ||||||||||||
Requirements | |||||||||||||
1. What is Fidos net income for April? | |||||||||||||
2. What is the cost of service to groom one dog? |
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