Day care |
Boarding |
Grooming |
|
Sales price |
18 |
25 |
25 |
Less: variable cost per unit |
4.65 |
7.36 |
9.97 |
Contribution margin per unit |
13.35 |
17.64 |
15.03 |
Day care |
Boarding |
Grooming |
|
Sales price |
18 |
25 |
25 |
Fixed costs |
858.44 |
1378.99 |
2367.92 |
Contribution margin per unit |
13.35 |
17.64 |
15.03 |
Break even units (Fixed cost / contribution margin per unit) (Round up) |
65 |
79 |
158 |
Day care |
Boarding |
Grooming |
|
Target profit |
417 |
583 |
1000 |
Fixed costs |
858.44 |
1378.99 |
2367.92 |
Contribution required to earn for achieve target profit (total of above) |
1275.44 |
1961.99 |
3367.92 |
Contribution margin per unit |
13.35 |
17.64 |
15.03 |
Number of units sold for achieve target profit (round up) (contribution required to earn for achieve target profit / contribution margin per unit) |
96 |
112 |
225 |
Day care |
Boarding |
Grooming |
|
Target profit |
667 |
909 |
1500 |
Fixed costs |
1275.44 |
1961.99 |
3367.92 |
Contribution required to earn for achieve target profit (total of above) |
1942.44 |
2870.99 |
4867.92 |
Contribution margin per unit |
13.35 |
17.64 |
15.03 |
Number of units sold for achieve target profit (round up) (contribution required to earn for achieve target profit / contribution margin per unit) |
146 |
163 |
324 |
Overview: In the second milestone of your final project, you will complete your pre-opening strategy. You...
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...
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...
I am having trouble figuring this out. How do I break down the calculations? INSTRUCTIONS FOR MILESTONE 2 (Due Week 4) IMPORTANT NOTE: Make sure to completely review the Rubric for Milestone 2 Use the data from this Milestone and begin working on your final presentation due in Milestone 4 (Week 7) ITEMS TO COMPLETE FOR THIS MILESTONE (Green Tabs): GENERAL Use data from Milestone 1 in your analysis CONTRIBUTION MARGIN ANALYSIS Select a price for each service (grooming, day...
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...
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"),...
Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the updated scenario information to analyze your company's performance. Post-opening Scenario: Your angel investors are silent in relation to the business; however, they require board meetings for status updates on the company's financial health. Therefore, you need to analyze your company's performance over the last month using the data provided below. Note: Your instructor will create an announcement sharing the income...
GENERAL Use data from Milestone 1 and Milestone 2 in your analysis Revenue data needed for the Income Statement will be provided COST OF SERVICES PROVIDED SCHEDULE Use the data at the top of the schedule to complete the report INCOME STATEMENT Use the data at the top of the schedule to complete the report Use the data from your Cost of Services Provided Schedule VARIANCES Use the data at the top of the schedule to calculate the following: Variance...
can you please complete the income statement (last photo) other pages are for refernce. please let me know what additional information is needed to complete the question TOLED Tuy Demstalled, but first we need to close some apps. Update now A B C D E F G H J K L M N O P Q R S OPERATIONAL & COST INFORMATION: For simplicity, base all calculations using 30 days in each month m OPERATIONAL DATA Grooming: The Groomer can...
please help with the income statement - + Fit to page D Page view A Read aloud h Add notes Overview: In the third milestone, you will jump forward in time: Imagine that your business has already opened. Use the updated scenario information to analyze your company's performance. o Post-opening Scenario: Your angel investors are silent in relation to the business; however, they require board meetings for status updates on the company's financial health. Therefore, you need to analyze your...
please help with COS schedule, income statement, and variances. everything is completed and added for reference. please complete the last 3 sections View Help i SUBSCRIPTION EXPIRED To keep using Excel without interruption, please reactivate now. Reactivate H32 X : B for D A C E F G H I J K L M N O P Q 43 For simplicity, base all calculations using 30 days in each month OPERATIONAL DATA Grooming: The Groomer can groom 5 dogs a...