ACC 202 Milestone One Guidelines and Rubric
Overview: In the first milestone of your final project, you will
determine and classify the costs necessary for opening your
business. This is a critical step that
must be done correctly for you to successfully complete the
subsequent milestones and the final submission.
Scenario: Prior to Opening, Part I: You plan to open a pet-services
business that will offer dog grooming, day care, and boarding. You
can be creative in deciding
the name of your business (e.g., “Inspiring Dog Care”), its
geographical location (e.g., Chicago), and its mission and vision
for adding value to the community. You
will be asked to make choices for a few other details to customize
your case; otherwise, you should use the information below.
There are 12 kennels (single dog only) and the day care area can
house 10 large dogs and 12 small dogs each day. The grooming
facility is 200 square feet, the
boarding facility is 2,500 square feet, and the day care is 1,500
square feet. Your groomer can groom five dogs a day for five days a
week; each groom consists of
1.5 labor hours. You also offer dog day care six days a week, and
kenneling every day. You have taken out a loan for start-up costs
and the monthly payment is
$420; it goes into effect immediately and should be accounted for
in your costs. With limited cash contribution and loan funding, you
located two angel
investors. You will collect a modest draw for the first year of
$600 a month; remember to divide evenly among the services.
Note: For simplicity, base all calculations using 30 days in each
month.
You estimate the following staffing needs:
A groomer who will be paid $12/hour and work 40 hours a
week
A day care attendant who will be paid $9/hour and will work 22
eight-hour days per month
A receptionist who will be paid $8.50/hour and work 30 hours a
week
A kennel attendant who will be paid $11.50/hour and will work 22
eight-hour days per month
A complete list of additional costs is provided below:
Food and water bowls: $3.59/unit
o Daycare: Two bowls last for every 75 dogs that attend
daycare.
o Boarding: Two bowls last for every 100 dogs that are boarded; you
need two bowls per kennel.
o Grooming: Each bowl lasts for 20 grooms and you need four bowls
at all times.
Fencing for daycare area: $1,249; installation of fencing:
$1,000
Dog grooming arm: $300
12 kennels: $9,500; depreciation is $80/month
Rent: $650/month; allocate based on square footage
Utilities/insurance: $600/month; allocate based on square
footage
Grooming table: $900
Grooming tub: $2800
Heating system: $10,000; depreciation is $83/month; allocate
based on square footage
Clippers: $136.99; can be used for 100 grooms
Shampoo: $103.96 per five-gallon pail, which can be used for 100
grooms
Cage bank: $2200 per set of 5
Salon Tuff Capri mobile carry cart: $90
Towels: $34.99 per 12 pack
o Day care: You need to have 12 towels for every 25 dogs.
o Boarding: You need to have 12 towels for every 40 dogs.
o Grooming: You need to have two towels for every groom per
day.
Scissors: (1) 7-inch straight is $194.99, and (1) ear-and-nose is
$7.49; each can be used for 200 grooms.
Toys: $3.29 per 6-pack; one toy will last for two dogs in day
care, per day.
Cleaning products:
o Odoban: $14.55/gallon: Each area will dilute 1 oz to 1 gallon of
water; allocate based on square footage.
o Simple Green: $15.66/gallon: each area will dilute 1 oz to 1
gallon of water; allocate based on square footage.
Dryer: $1250
Rubberized flooring for day care: $3800
ACC 202 Milestone One Guidelines and Rubric Overview: In the first milestone of your final project,...
Overview: In the first milestone of your final project, you will determine and classify the costs necessary for opening your business. This is a critical step that must be done correctly for you to successfully complete the subsequent milestones and the final submission. Scenario: Prior to Opening, Part I: You plan to open a pet-services business that will offer dog grooming, day care, and boarding. You can be creative in deciding the name of your business (e.g., "Inspiring Dog Care"),...
VARIABLE & FIXED COSTS: Determine your per unit cost per dog for grooming, day care and boarding OPERATIONAL & COST INFORMATION: For simplicity, base all calculations using 30 days in each month OPERATIONAL Data: Grooming: The Groomer can groom 5 dogs a day, 5 days a week, each grooming takes 1.5 labor hours. Day Care: The Day Care can house 10 large dogs and 12 small dogs daily. Day Care is offered 6 days a week . Boarding: There are...
I'm unsure if these are correct any help would be
appreciated!
Rosave ACC 202 Final Project Workbook. Excel Home Insert Draw Page Layout Formulas Data Review View Help X cut ОБСору Format Painter Calibri 410A АА B TUBE -A- General 24 23 Wrap Tort E Merge & Center - $ - %) *888 Conditio Formattir Clipboard Font Alignment Number ✓ Ав D H INSTRUCTIONS Putting an X in the appropriate spot, classify the costs highlighted in yellow as: Direct Material,...
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 1.37 Shampoo Clipper(s) Bowls Towels Scissors ou Groomer Rent Loan Utilities and Insurance Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw Total Fixed Costs 30.95 20.00 28.57 3.95 2.08 2.36 200.00 2,367.91 Total Variable Costs $ 9.97 $...
Accurately classify all of your costs in the “Cost Classification” tab of your workbook.: A complete list of additional costs is provided below: Food and water bowls: $3.59/unit, Daycare: Two bowls last for every 75 dogs that attend daycare. Boarding: Two bowls last for every 100 dogs that are boarded; you need two bowls per kennel. Grooming: Each bowl lasts for 20 grooms and you need four bowls at all times. Fencing for daycare area: $1,249; installation of fencing:...
help? I am a little lost here.
ITEMS TO COMPLETE FOR THIS MILESTONE (Blue Tabs): GENERAL You plan to open a pet services business that will offer dog grooming, day care and boarding COMPANY PROFILE TAB Determine a company name. B crete (e.g. "Inspiring Dog Care"] Pick a location (e.g. "Chicago") Define your company's vision and mission for how your business will add value to the community COST CLASSIFICATION Accurately classify all of your costs [direct material, direct labor, manufacturing...
Data:
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 Variable Costs Fixed Costs Item Item Shampoo 1.04 Groomer 2,080.01 Clipper(s) Bowls 30.95 1.37 Rent 0.72 20.00 Loan Utilities and Insurance Towels 5.83 28.57 1.01 Depreciation on heating system Scissors 3.95 Cleaning Products: Odoban 2.08 Cleaning Products: Simple Green...
I have to find the fixed costs for GROOMER
Also I have to write the answer with the Excel
formula
E FO Number 5 Formatting Table Styles Clipboard Font Alignment Styles Q12 . в со E F G H I J K L M мора For simplicity, base all calculations using 30 days in each month OPERATIONAL DATA Grooming: The Groomer can groom 5 dogs a day, 5 days a week Each grooming takes 1.5 labor hours Day Care: The...
6 MILESTONE 2 (Due in Module 4) MILESTONE 3 (Due in Module 5) MILESTONE 1 (Due in Module 2) 7 9 Instructions Milestone 2 10 12 1. Contribution Margin COGM Schedule .5 Name Choose a price range and calculate Grooming Create a Cost of Goods Manufactured Sched Location Vision Day Care Mission Bcarding 2. 2. 2. Break-Even Analysis Identify the following Create an Income Statement Calculate the break-even units Revenue will be provided end of week 4 Direct Materials Grooming...
Can I get some help??? Did I complete this problem
correctly?
GENERAL You plan to open a pet services business that will offer dog grooming. day care and boarding COMPANY PROFILE TAB Determine a company name. Be creative fe.q. "Inspiring Dog Care" Pick a location feq. "Chicago" Define your company's vision and mission for how your business will add value to the community COST CLASSIFICATION Accurately classify all of your costs (direct material, direct labor, manufacturing overhead, period costs) Fixed...