Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Janice Huffman has decided to start Benson Cleaning, a residential housecleaning service company. She is able to rent cleaning equipment at a cost of $760

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

image text in transcribed

Janice Huffman has decided to start Benson Cleaning, a residential housecleaning service company. She is able to rent cleaning equipment at a cost of $760 per month. Labor costs are expected to be $70 per house cleaned and supplies are expected to cost $6 per house. Required a. Determine the total expected cost of equipment rental and the average expected cost of equipment rental per house cleaned, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. Is the cost of equipment a fixed or a variable cost? b. Determine the total expected cost of labor and the average expected cost of labor per house cleaned, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. Is the cost of labor a fixed or a variable cost? c. Determine the total expected cost of supplies and the average expected cost of supplies per house cleaned, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. Is the cost of supplies a fixed or a variable cost? d. Determine the total expected cost of cleaning houses, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. e. Determine the average expected cost per house, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Determine the total expected cost of equipment rental and the average expected cost of equipment rental per house cleaned, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. Is the cost of equipment a fixed or a variable cost? (Round "Average per unit" answers to 2 decimal places.) 10 20 30 No. of Houses Cleaned Total expected rental cost Average per unit rental cost The cost of equipment is a Determine the total expected cost of labor and the average expected cost of labor per house cleaned, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. Is the cost of labor a fixed or a variable cost? 10 20 30 No. of Houses Cleaned Average per unit labor cost Total labor cost The cost of labor is a Determine the total expected cost of supplies and the average expected cost of supplies per house cleaned, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. Is the cost of supplies a fixed or a variable cost? 10 20 30 No. of Houses Cleaned Average per unit supplies cost Total cost of supplies The cost of supplies is a Determine the total expected cost of cleaning houses, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. 10 20 30 No. of Houses Cleaned Total expected cost Determine the average expected cost per house, assuming that Benson Cleaning cleans 10, 20, or 30 houses during one month. (Round your answers to 2 decimal places.) 10 20 30 No. of Houses Cleaned Average cost per unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Financial Reporting And Analysis

Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer

8th Edition

1260247848, 978-1260247848

Students also viewed these Accounting questions