At what point will you be indifferent

Assignment Help Managerial Accounting
Reference no: EM133137051

Question - You run a nail salon. Fixed monthly cost is $5,651.00 for rent and utilities, $5,830.00 is spent in salaries and $1,311.00 in insurance. Also every customer requires approximately $4.00 in supplies. You charge $87.00 on average for each service.

You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,705.00, salaries to $6,556.00 and insurance to $2,335.00 per month. Cost of supplies will increase to $6.00 per service. However you can now charge $150.00 per service. At what point will you be indifferent between your current location and the new location?

Reference no: EM133137051

Questions Cloud

What role do you feel hr analytics : 1. The Hammonds article was written more than a decade ago. How relevant do you think that article still is today about HR? In your experience, how much has (an
What should marco, inc. use as the denominator : Marco, Inc. determined the following information concerning its common stock during 2020: What should Marco, Inc. use as the denominator
Develop cultural competence : 1. Explain why it is important for Disability Management professionals to develop "Cultural Competence" and how it can assist in providing effective disability
Sport outreach for adults and all ages : Research and find a sport outreach organization that targets and serves adults and describe its stated mission or purpose
At what point will you be indifferent : However you can now charge $150.00 per service. At what point will you be indifferent between your current location and the new location
Cervical dysplasia postoperative diagnosis : Cervical dysplasia Postoperative Diagnosis - The patient was taken to the operating room and placed in the supine position. IV anesthesia was then given
Global technology and global economics : Define Globalization and discuss the impacts, both positive and negative that Globalization has on Global Technology and Global Economics.
Example of organizational strategy : Describe at least one example of organizational strategy (e.g., cost leadership, differentiation, or focus/niche).
Compute the net present value of each opportunity : Compute the net present value of each opportunity. Which should Mr. Kearns adopt based on the net present value approach

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd