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You run a nail salon. Fixed monthly cost is $5,225.00 for rent and utilities, $5,845.00 is spent in salaries and $1,571.00 in insurance. Also every
You run a nail salon. Fixed monthly cost is $5,225.00 for rent and utilities, $5,845.00 is spent in salaries and $1,571.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $111.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,955.00, salaries to $6,168.00 and insurance to $2,486.00 per month. Cost of supplies will increase to $7.00 per service. However you can now charge $141.00 per service. What is the PROFIT or Loss at the crossover point? If a loss include the -. Round the quantity to 3 digits when using to calculate the profit
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