File Edit View Sign Window Help Home e Tools Daily Grind - Assig... Daily Grind - Assignment.pdf - Adobe Acrobat Reader DC (32-bit) Appendix B The Daily Grind Two, David opened a coffee shop, The Daily Grind, in Marcy Hospital's former gift shop. David was cold that he had the knowledge to make a success of this new bralce. He produced a quality product that people aaded, had peiced the product to be very cage, and had a gw location in a high-traffear of the hospital. Material Costs T he Daly Grial specialty bad of Ko call beating $8 per pond. Bach pound of coller bears produces 256 ounces of coffee. Coffee is sold in there in a small cap holding 3 medium cup holding 12 oues, and a kis cup bold- The cups mind to weve the coffee 5.05 for the mal 5.06 for the media cup, and $.07 Sor the large cap. Lice cos 003 pa cxp and we the same regardem of cup siz Sheves cust an additional 5.04 per cup. Osvg, and cream coal $12 per cap for seal caps, $.05 for media, and 8.04 for Labor Costs T The Daily Grind is opes 12 hours nach day, 7 days a week (6 days per year), and is staffed with g shit (7:00-11:00), the employee during the maming di two employees from 1100 until 100, and three em- players in 3:00 to 7:00. Labor is a fixed cost, be case the employees are paid regardless of whether coffee is sold Dad wwked 6 hours ch week, average, and was paid a salary of $30,000 during the first your of operations Pring beef for David, including health intrance and payroll account for an additional $10,000 of cows for the company. Pan-time pleyem wuck an average of 24 hours a week and are paid $9 per hos Payroll and her conte average ale $1.00 per hour for part- employees. As shown in the following table, part- time emplazors worked from 656 am to 727 aus camonly Part-time Employee Labor Hours 722 North Feby Mach 727 April 706 hea May 327 kra Its bours 751les A 727 ha Nov 72/lan 705 December 727 Overhead Costs using the fest year of operations, the hospital Dui charged me $2,000 per month. As part of the castal cot, t, the hospital provided forniture and fix tes for the bowl well as nightly deaning services David and a drip colesker, cofria, cu grindes szak, and cash regler for $150 per month, sotel David pidiely for his utilities electricity and ww). The costs of electricity include the costs of ing and cooling the slop a well as the cost of runing the electric appliances (refrigeratos, calicemaker, etc.). P W X AppendTheC 309 Sign In 7:57 PM 28-Apr-22