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You run a nail salon. Fixed monthly cost is $5,003.00 for rent and utilities, $6,279.00 is spent in salaries and $1,518.00 in insurance. Also every
You run a nail salon. Fixed monthly cost is $5,003.00 for rent and utilities, $6,279.00 is spent in salaries and $1,518.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $57.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,777.00, salaries to $6,097.00 and insurance to $2,320.00 per month. Cost of supplies will increase to $6.00 per service. However you can now charge $167.00 per service. At what point will you be indifferent between your current location and the new loaction? Submit Answer format: Number: Round to: O decimal places You run a hospital with 100 rooms. Fixed daily cost is $931.00 which includes staff salary, property charges, maintenance etc. Variable cost per room is $14.00 which includes cleaning, equipment rentals, utility cost etc. which is incurred only when the room is full. You charge $63.00 per room per day. You sold 46.00 rooms today, how much profit/loss did you earn for today. Submit
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