ACC 206 Week 3 E16-17 Fido Grooming P16-25A Fido Treats

This file of ACC 206 Week 3 Fido Grooming Fido Treats consists of:

P 17A-11A

P 17-26A

P16-25A

E 16-17

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:

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?