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What is the cost to groom one dog

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Reference no: EM13528584

Fido Grooming provides grooming services in the local community. In April, Kevin

Oliver, the owner, incurred the following operating costs to groom 650 dogs:

Wages . . . . . . . . . . . . . . . . . . . . $ 3,900
Grooming supplies expense . . . 1,625
Building rent expense . . . . . . . . 1,300
Utilities . . . . . . . . . . . . . . . . . . . 325
Depreciation on equipment . . . 130

Fido Grooming earned $16,300 in revenues from grooming for the month of April.

Requirements

1. What is Fido's net operating income for April?

2. What is the cost to groom one dog?

Reference no: EM13528584

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