{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T18:08:08-04:00", "answer_date": "2024-05-26 18:08:08", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1753017", "url": "\/study-help\/questions\/varmitbgone-is-a-pest-control-service-that-operates-in-a-1753017", "question_creation_date_js": "2024-05-26T18:08:08-04:00", "question_creation_date": "May 26, 2024 06:08 PM", "meta_title": "[Solved] Varmit-B-Gone is a pest control service t | SolutionInn", "meta_description": "Answer of - Varmit-B-Gone is a pest control service that operates in a suburban neighborhood. The company attempts to make service | SolutionInn", "meta_keywords": "varmit--,pest,control,service,operates,suburban,neighborhood,company,attempts,make,calls,month", "question_title_h1": " Varmit-B-Gone is a pest control service that operates in a suburban neighborhood. The company attempts to make service calls at least once a month", "question_title": " Varmit-B-Gone is a pest control service that operates in a suburban", "question_title_for_js_snippet": "Varmit B Gone is a pest control service that operates in a suburban neighborhood The company attempts to make service calls at least once a month to all homes that subscribe to its service It makes more frequent calls during the summer The number of subscribers also varies with the season The number of subscribers and the average number of calls to each subscriber for the months of interest follow Subscribers Srvice calls (per subscriber) March April 950 0 6 1,050 0 9 May 1,750 1 5 June 1,950 2 5 July 1,950 August 1,500 3 0 2 4 The average price charged for a service call is $80 Of the service calls, 30 percent are paid in the month the service is rendered, 60 percent in the month after the service is rendered, and 8 percent in the second month after The remaining 2 percent is uncollectible Varmit B Gone estimates that the number of subscribers in September should fall 10 percent below August levels, and the number of service calls per subscriber should decrease by an estimated 20 percent The following information is available for costs incurred in August All costs except depreciation are paid in cash Service costs Variable costs Maintenance and repair Depreciation (fixed) Total Marketing and administrative costs Marketing (variable) Administrative (fixed) Total Total costs $ 20,000 18,000 38,000 $ 76,000 $10,500 51,000 $ 61,500 $137,500 Variable service and marketing costs change with volume Fixed depreciation will remain the same, but fixed administrative costs will Increase by 5 percent beginning September 1 Maintenance and repair are provided by contract, which calls for a 1 percent increase in September Required Dann hudented income statement for Cantambar Daund intermediate entendations to decimale lee", "question_description": "\"image\"image", "transcribed_text": "Varmit-B-Gone is a pest control service that operates in a suburban neighborhood. The company attempts to make service calls at least once a month to all homes that subscribe to its service. It makes more frequent calls during the summer. The number of subscribers also varies with the season. The number of subscribers and the average number of calls to each subscriber for the months of interest follow; Subscribers Srvice calls (per subscriber) March April 950 0.6 1,050 0.9 May 1,750 1.5 June 1,950 2.5 July 1,950 August 1,500 3.0 2.4 The average price charged for a service call is $80. Of the service calls, 30 percent are paid in the month the service is rendered, 60 percent in the month after the service is rendered, and 8 percent in the second month after. The remaining 2 percent is uncollectible. Varmit-B-Gone estimates that the number of subscribers in September should fall 10 percent below August levels, and the number of service calls per subscriber should decrease by an estimated 20 percent. The following information is available for costs incurred in August. All costs except depreciation are paid in cash. Service costs Variable costs. Maintenance and repair Depreciation (fixed) Total Marketing and administrative costs. Marketing (variable) Administrative (fixed) Total Total costs $ 20,000 18,000 38,000 $ 76,000 $10,500 51,000 $ 61,500 $137,500 Variable service and marketing costs change with volume. Fixed depreciation will remain the same, but fixed administrative costs will Increase by 5 percent beginning September 1. Maintenance and repair are provided by contract, which calls for a 1 percent increase in September. Required: Dann hudented income statement for Cantambar Daund intermediate entendations to decimale lee", "related_book": { "title": "Intermediate Accounting", "isbn": "032459237X, 978-0324592375", "edition": "17th Edition", "authors": "James D. Stice, Earl K. Stice, Fred Skousen", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/92.jpg", "uri": "\/textbooks\/intermediate-accounting-17th-edition-92", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8863231532", "uri": "\/textbooks\/strategic-secrets-for-mastering-the-art-of-chess-1st-edition-979-8863231532-125049", "name": "Strategic Secrets For Mastering The Art Of Chess", "edition": "1st Edition" }, "question_posted": "2024-05-26 18:08:08", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/you-are-the-manager-of-a-firm-that-produces-products-201056", "description": "You are the manager of a firm that produces products X and Y at zero cost. 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