Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me, I am super confused. Thank you! Problem E : PROFIT Jayla is quite tech savvy and decides to open her own computer

image text in transcribed

Please help me, I am super confused. Thank you!

Problem E : PROFIT Jayla is quite tech savvy and decides to open her own computer repair center in Flagstaff. She found a space in downtown Flagstaff with a rent of $1380 per month. She calculated her business and equipment start up costs (SSDs, malware removal software, etc.) to be about $2,120. She determined some of the most commonly requested services, average times needed to take care of those services, and potential flat fees with each service as follows: Service Average Time Needed Flat fee Virus/Malware Removal 1 hour $50 Wifi Diagnostics 1 hour $35 System Cleaning 4 hours $40 Data Recovery 2 hours $35 Miscellaneous 2.5 hours $20 In addition to the flat fees, Jayla charges $20 per hour for labor. a. (25 points) During most weeks of the year Jayla thinks she'll be able to handle 10 miscellaneous services, 4 data recovery services, 1 system cleaning service, 8 wifi diagnostic services, and 7 virus/malware removal services. How much revenue would Jayla generate each week based on the above information? Show all of your work b. (25 points) How much does Jayla need to make each month in order to break even at the end of the year? What are 2 combinations of services for each month that will give Jayla enough revenue to meet her goal? Justify with calculations/explanations

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Care And Counsel For Combat Trauma Training Program Workbook For Audit Only

Authors: Cru Military, American Association Of Christian Counselors, Light University, Karen D Watkins

1st Edition

ISBN: 0986363081, 978-0986363085

More Books

Students also viewed these Accounting questions