Cash Flow Activity $($hint: suggest doing each part in a spreadsheet$)$

Part A:

You own a small business doing work on nights$/$weekends with a helper. You have work lined up for the next three weekends installing windows on homes $($rain or shine$)$ and week $4$ you and your helper are taking the weekend off to BBQ$.$ You tack up your own filiers over at a few of the local home improvement stores and get work via word of mouth. The home owners bought windows, per your suggestion, and each weekend you're installing them. Your insurance payments are $$\frac{600}{m}$onth and Workers Comp $$\frac{100}{m}o.$ Renting a lift is $$\frac{575}{W}K($ $$1725$ for the month for $3$ projects$).$ Additional safety equipment runs about $$\frac{300}{?}$ mo$.$ Various supplies that the home owners didn't purchase run about $$400/$project $($including breaking equipment from using $,....$ with constant grumbling why you went to Harbor Freight but the cheap prices keep you coming back and you swear that you don't use the equipment enough to get better quality equipment$).$ You pay your helper $$\frac{20}{h}r$ and handle taxes, so for your purposes, $$23/$hu $($just clumping employer part of Medicaid$/$Social Security, payroll processing etc.$).$ Permits run $$150/$site$.$ To complete a project, on average, it takes you and your helper $25$ hours $($which includes some prepping during the week$).$ Your main "office" is your own garage $($so no additional costs there$).$ Most of your clients pay via credit card, which ends up being $$100/$transaction $($based on amount$).$ Suggest structuring expenses similar to below $($just a suggestion$).$

Expenses

Week Month Project

$\backslash$table$[[$Month $($with $3],[$projects$)]]$

What are your total expenses for the month?

If you expect to make at least $$\frac{50}{h}c$ for your effort, how much does that add to your total expenses?

Assuming all $3$ projects are of the same size $($bigger$-$ish windows and bigger houses$).$ Typically, especially for smaller residential types of projects, there is a $50\%$ deposit required before work will begin $($which accounts for your expenses$)$ and then money due at the end is typically profit. Keeps things neater if there are issues with getting payment. What is your MINIMUM amount that you can charge for each project $($assuming adding you is in the mix$)?$

Assuming Whole House Cost and $15$ windows $($material is $$600$ per window, which was supplied by the home owner separately$)$ guide $([$reality$,$ need to compare what everybody else is doing in area$].$ How does your cost compare to average?

Why might you be different than the average?