Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Jolly Cleaners offers residential and comercial cleaning services Clients pay a fixed monthly fee for the service, but can cancel the service at the end

image text in transcribed
Jolly Cleaners offers residential and comercial cleaning services Clients pay a fixed monthly fee for the service, but can cancel the service at the end of any month in addition to the employees who do the actual cleaning the firm includes two managers who handle the administrative tists human resources, accounting and so on and one dispatcher, who ask the cleaning employees to fatis on a daily basis On average, residential clients pay $340 per month for cleaning services and the commercial clients pay $1.600 per month Atypical residential client requires 15 hours a month for cleaning and a typical commercial client requires 60 hours a month in March Jolly Cleaners had 55 commercial clients and 100 residential clients Cleaners are paid $12 per hour and are only paid for the hours actually worked Supplies and other variable costs are estimated to cost 56 per hour of cleaning Other monthly costs (all fixed) are 534,000 SGEA, including managerial and copatcher stones and $2.400 in other expenses Jolly Cleaners has earned positive reviews on social media in the area and the managers expect to show, Fan April they forecast 10 percent increase in residential ellents and a 12 percent increase in commercial dients Required: Prepare a budgeted incomo sustement for Sony Chaners for April (Round Intermediate calculations to nentest whole number) JOLY CLEANER | Revenu Commercial Residential Expansas Cleaner common Supplies SOLA Order

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

Accounting

Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie

11th Edition

9780730382737, 9780730382737

Students also viewed these Accounting questions