Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Janice Huffman has decided to start Rooney Cleaning, a residential housecleaning service company. She is able to rent cleaning equipment at a cost of
Janice Huffman has decided to start Rooney Cleaning, a residential housecleaning service company. She is able to rent cleaning equipment at a cost of $770 per month. Labor costs are expected to be $60 per house cleaned and supplies are expected to cost $7 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 Rooney Cleaning cleans 30. 40, or 50 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 Rooney Cleaning cleans 30, 40, or 50 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 Rooney Cleaning cleans 30, 40, or 50 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 Rooney Cleaning cleans 30, 40, or 50 houses during one month. e. Determine the average expected cost per house, assuming that Rooney Cleaning cleans 30, 40, or 50 houses during one month. 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 Rooney Cleaning cleans 30, 40, or 50 houses during one month. Is the cost of equipment a fixed or a variable cost? (Round "Average per unit' answers to 2 decimal places.)) No. of Houses Cleaned Total expected rental cost Average per unit rental cost The cost of equipment is a 30 40 50 Required B > Required A Required B Required C Required D Required E Determine the total expected cost of labor and the average expected cost of labor per house cleaned, assuming that Rooney Cleaning cleans 30, 40, or 50 houses during one month. Is the cost of labor a fixed or a variable cost? No. of Houses Cleaned Average per unit labor cost Total labor cost The cost of labor is a 30 40 Required A Required B Required C Required D Required E 50 Determine the total expected cost of supplies and the average expected cost of supplies per house cleaned, assuming. that Rooney Cleaning cleans 30, 40, or 50 houses during one month. Is the cost of supplies a fixed or a variable cost? No. of Houses Cleaned 30 40 Average per unit supplies cost Total cost of supplies The cost of supplies is a Required A Required B Required C Required D Required E 50 Determine the total expected cost of cleaning houses, assuming that Rooney Cleaning cleans 30, 40, or 50 houses during one month. No. of Houses Cleaned Total expected cost 30 40 50 Required A Required B Required C Required D Required E Determine the average expected cost per house, assuming that Rooney Cleaning cleans 30, 40, or 50 houses during one month. (Round your answers to 2 decimal places.) No. of Houses Cleaned Average cost per unit 30 40 50 < Required D Required E>
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started