What is the cost of one haircut

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Reference no: EM13533112

Calculating income and unit cost for a service organization

Duncan and Oates provides hair cutting services in the local community. In February, the business incurred the following operating costs to cut the hair of 230 clients:

Hair supplies expense

$ 805

Building rent expense

1,150

Utilities

184

Depreciation on equipment

46

Duncan and Oates earned $5,200 in revenues from haircuts for the month of February.

Requirements

1. What is the net operating income for the month?

2. What is the cost of one haircut?

Reference no: EM13533112

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