Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Claire's business will:Have three stylists. Each stylist can accommodate 6 customers per day. The stylists each work 2 0 days per month.Claire also acts as

Claire's business will:Have three stylists. Each stylist can accommodate 6 customers per day. The stylists each work 20 days per month.Claire also acts as a stylist, but she can only accommodate 4 customers per day since she also serves as the receptionist. However, since it is her business, she works 6 days per week (24 days per month).She has estimated, on average, that each customer will generate $32.00 in revenue.She estimates that based on her research, it will cost her about $2.50 in supplies per customer/per cut.Her fixed expenses will include the following each month:Advertising $100Insurance $50Telephone/Internet $50Electric $175Water $110Maintenance $50Rent $475Salary/Wage Expenses $9,240Miscellaneous Expenses $150

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic management concepts

Authors: Fred david

13th Edition

9780136120988, 136120997, 136120989, 978-0136120995

More Books

Students also viewed these General Management questions

Question

The location of the neuro centre activity of the heart is.......?

Answered: 1 week ago