what is fido rsquo s net operating income for april 552820
Calculating income and cost per unit for a service company
Fido Grooming provides grooming services in the local community. In April, Kevin Oliver, the owner, incurred the following operating costs to groom 650 dogs:
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what is fido rsquo s net operating income for april 552820
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|
Wages |
$ 3,900 |
|
Grooming supplies expense |
1,625 |
|
Building rent expense |
1,300 |
|
Utilities |
325 |
|
Depreciation on equipment |
130 |
Fido Grooming earned $16,300 in revenues from grooming for the month of April. Requirements
1. What is Fido’s net operating income for April?
2. What is the cost to groom one dog?
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