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Fido Grooming provides grooming services for pets. In April, the company earned $15,000 in revenues and incurred the following operating costs to groom 600 dogs:
Fido Grooming provides grooming services for pets. In April, the company earned $15,000 in revenues and incurred the following operating costs to groom 600 dogs: (Click the icon to view the operating costs.) Requirements 1. What is Fido's operating income for April? 2. What is the cost of service to groom one dog? . . . Requirement 1. What is Fido's operating income for April? Fido's Grooming Income Statement Month Ended April 30 Revenues:Data table Wages Expense $ 3,785 Grooming Supplies Expense 1,625 Building Rent Expense 1,300 Utilities Expense 295 Depreciation ExpenseEquipment 75 \fTotal Expenses Operating Income (Loss) Requirement 2. What is the cost of service to groom one dog? (Round your answer to the nearest cent.) Cost per dog = SI Accounts Payable Accounts Receivable | Accumulated DepreciationEquipment _ Building Rent Expense Depreciation ExpenseEquipment . _ 1 Grooming Supplies Expense 3 ' Service Revenue 3 ' -V Total Expenses
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