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process required Q2. Use the Appendix:1 to answer this question. SLS Yoga Studio has given the following projected data for the June 2013 - December
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Q2. Use the Appendix:1 to answer this question. SLS Yoga Studio has given the following projected data for the June 2013 - December 2013 Class Type Group Classes Private Classes Salt Stretch Classes No of Classes (June 2013-December 2013) June July August September October November December 198 235 270 305 346 395 417 20 30 45 62 77 92 110 3 5 10 12 16 22 25 Group Classes Private Classes Salt Stretch Classes No of Client Visits (June 2013 December 2013) June July August September October November December 1250 1420 1525 1645 1700 1770 1820 25 32 41 50 67 79 86 15 25 30 45 58 67 80 Other relevant information Increases by 25% from the current Revenue per client Visit level Payments to Verita for Administration, and Increase by 30% from the current Transportation level Increases by 30% from the current Instructor fee per class level Studio Rent per sft S$10.50 Salt Cave Rent S$45 per class Software Cost No change from the present level Required: a) Show the profit statement for each month and the consolidated statement for June 2013-Dece 2013 period. b) Determine the profitability of each type of class for the 6-month period if you allocate the common costs on the basis of No of Classes. Q2. Use the Appendix:1 to answer this question. SLS Yoga Studio has given the following projected data for the June 2013 - December 2013 Class Type Group Classes Private Classes Salt Stretch Classes No of Classes (June 2013-December 2013) June July August September October November December 198 235 270 305 346 395 417 20 30 45 62 77 92 110 3 5 10 12 16 22 25 Group Classes Private Classes Salt Stretch Classes No of Client Visits (June 2013 December 2013) June July August September October November December 1250 1420 1525 1645 1700 1770 1820 25 32 41 50 67 79 86 15 25 30 45 58 67 80 Other relevant information Increases by 25% from the current Revenue per client Visit level Payments to Verita for Administration, and Increase by 30% from the current Transportation level Increases by 30% from the current Instructor fee per class level Studio Rent per sft S$10.50 Salt Cave Rent S$45 per class Software Cost No change from the present level Required: a) Show the profit statement for each month and the consolidated statement for June 2013-Dece 2013 period. b) Determine the profitability of each type of class for the 6-month period if you allocate the common costs on the basis of No of Classes Step by Step Solution
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