So I did the Milestone 1 already and it seems to be correct. But now i need to d

Question

So I did the Milestone 1 already and it seems to be correct. But now i need to do the Milestone 2

Please help.

Street Sweep MILESTONE 1 - Variable & Fixed Cost Exercise INSTRUCTIONS: Determine the per unit cost for each dog. Fill in the blanks to get the per unit cost and fixed cost of each service. Based on 5 grooms per day GROOMING Item Variable Costs Item Fixed Costs Shampoo $                      1.04 Groomer $              2,080.01 Clipper(s)                           1.37 Rent                        30.95 Bowls                           0.72 Loan                        20.00 Towels                           5.83 Utilities and Insurance                        28.57 Scissors                           1.01 Depreciation on heating system                           3.95 Cleaning Products: Odoban                           2.08 Cleaning Products: Simple Green                           2.36 Draw                      200.00 Total Variable Costs $                      9.97 Total Fixed Costs $              2,367.92 Based on 22 dogs per day for six days a week. Assume 25 operating days for kennel and 22 eight-hour work days for kennel attendant. DAY CARE Item Variable Costs Item Fixed Costs Day care attendant $                      2.88 Rent $                  232.14 Toys                           0.27 Loan                      150.00 Bowls                           0.10 Utilities and Insurance                      214.29 Towels                           1.40 Depreciation on heating system                        29.64 Cleaning Products: Odoban                        15.59 Cleaning Products: Simple Green                        16.78 Draw                      200.00 Total Variable Costs $                      4.74 Total Fixed Costs $                  858.44 Based on 12 dogs per day. Assume 22 eight-hour work days for kennel attendant. BOARDING Item Variable Costs Item Fixed Costs Kennel attendant $                      5.63 Depreciation on kennels $                    80.00 Bowls                           0.86 Rent                      386.90 Towels                           0.87 Loan                      250.00 Utilities and Insurance                      357.16 Depreciation on heating system                        49.40 Cleaning Products: Odoban                        25.98 Cleaning Products: Simple Green                        29.55 Draw                      200.00 Total Variable Costs $                      7.36 Total Fixed Costs $              1,378.99

Explanation / Answer

MILESTONE 2

Formula - Fixed Cost / Contribution per unit

Formula - (Fixed Cost + Target Profit ) / Contribution Per Unit

Formula - (Fixed Cost + Target Profit ) / Contribution Per Unit

Day Care (22 dogs per day) Boarding (12 dong per day) Grooming (5 grooms per day) Sales Price $                                        18.00 $                                         25.00 $                                              25.00 Variable Cost Per Unit $                                           4.74 $                                            7.36 $                                                 9.97 Contribution Margin $                                        13.26 $                                         17.64 $                                              15.03

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.