Pup N\' Suds MILESTONE 1 -Variable and Fixed Cost Exercise INSTRUCTIONS: Determi

Question

Pup N' Suds MILESTONE 1 -Variable and 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. Most costs are provided for you. Only fill in the missing costs GROOMING Fixed Costs Iten Variable Costs Groomer Rent Loan Utilities and Insurance Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw 30.95 Clippers) Bowls Towels Scissors 1.37 0.72 5.83 1.01 28.57 3.95 2.08 2.36 200.00 2,367.92 9.97 Total Fixed Costs Total Variable Costs Based on 22 dogs per day, 25 operating days for day care, and 22 eight-hour work days for day care attendant. DAY CARE Fixed Costs Variable Costs 232.14 150.00 2.88 Day care attendant Toys Bowls Towels Rent Loan Utilities and Insurance Depreciation on heating systenm Cleaning Products: Odoban Cleaning Products: Simple Green Draw 0.19 29.64 15.59 16.78 200.00 858.44 Total Variable Costs 4.74 Total Fixed Costs Based on 12 dogs per day, 30 operating days for boarding, and 22 eight-hour work days for kennel attendant. BOARDING Item Kennel attendant Variable Costs Itern Fixed Costs 5.63 0.86 0.87 Depreciation on kennels Rent Loan Utilities and Insurance Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw 80.00 386.90 250.00 357.16 49.40 25.98 29.55 200.00 1,378.99 Towels Total Variable Costs 7.35 Total Fixed Costs

Explanation / Answer

Income Statement

Groomer Direct Labor Time Variance = (180-150)*12 = 360

Groomer Direct Labor Time Variance = (11.50-12.00)*180 = 90

Groomer Direct Labor Time Variance = (180-150)*12 = 360

Groomer Direct Labor Time Variance = (11.50-12.00)*180 = 90

Particulars $ Beginning Work-in-Process Inventory 0 Direct Materials Beginning 0 Add: Purchases 5000 Material available to use 5000 Deduct - Ending Materials (3000) Materials Used 2000 Direct Labor 6240 Factory Overhead 2800 Total Manufacturing Overhead 9040 Deduct - Ending Work-in-Progress Inventory 0 Cost of Services 11040

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---

---

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