(L. OBJ. 3) Calculating income and cost per unit for a service company [5—10 min] Ruddy...

(L. OBJ. 3) Calculating income and cost per unit for a service company [5—10 min]

Ruddy Grooming provides grooming services in the local community. In November, Isaac Smith, the owner, incurred the following operating costs to groom 690 dogs:

Buddy Grooming earned $15,600 in revenues from grooming for the month of November.

Requirements

1. What is Buddy’s net operating income for November?

2. What is the cost to groom one dog?