Question

Jolly Cleaners offers residential and commercial cleaning services. Clients pay a fixed monthly fee for the service, but can cancel the service at the end of any month. In addition to the employees who do the actual cleaning, the firm includes two managers who handle the administrative tasks (human resources, accounting, and so on) and one dispatcher, who assigns the cleaning employees to jobs on a daily basis. On average, residential clients pay $250 per month for cleaning services and the commercial clients pay $1,450 per month. A typical residential client requires 10 hours a month for cleaning and a typical commercial client requires 50 hours a month. In March, Jolly Cleaners had 40 commercial clients and 130 residential clients. Cleaners are paid $10 per hour and are only paid for the hours actually worked. Supplies and other variable costs are estimated to cost $5 per hour of cleaning. Other monthly costs (all fixed) are $38,000 SG&A, including managerial and dispatcher salaries, and $2,800 in other expenses. Jolly Cleaners has earned positive reviews on social media in the area and the managers expect to grow. For April, they forecast a 10 percent increase in residential clients and a 15 percent increase in commercial clients. Required: Prepare a budgeted income statement for Jolly Cleaners for April. (Round intermediate calculations to nearest whole number.) Answer is complete but not entirely correct. 35,750 X 66,700 X 102,450 JOLLY CLEANERS Budgeted Income Statement For the month of April Revenues: Commercial $ Residential Total revenue $ Expenses: Cleaner compensation $ Supplies SG&A Other expenses Total expenses $ Income $ 33,000 X 16,500 38,000 2,800 90,300 12,150

Answer 1

Data Calculakom lew Cleaners Budlgeted Tacome Stademetin Fos manth of Apr Resicaues Commencia Residlenhal ২১৫ne 66700 353s0 $ 10245O Expenser Cleanes Conmpnsaton 32300 IR650 3 8000 So০১\৫১ SG&A oher ErPemse Total Exdemses Losoms 2800 96250 5700 2esenue :- Comaercial 15 incease x4 Clies 115 x 4O 46 Cue 46 Cien xSI50 Per Clieos 366700 Residratial 130 Ciets 143 Ches 1५5 C\hentN Y h 250 e ( lox(30 35150

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