MGMT8501-Midterm Exam 27 porns 2 man James House is planning on starting a cleaning services business but has not decide

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Mgmt8501 Midterm Exam 27 Porns 2 Man James House Is Planning On Starting A Cleaning Services Business But Has Not Decide 1 (26.61 KiB) Viewed 9 times

MGMT8501-Midterm Exam 27 porns 2 man James House is planning on starting a cleaning services business but has not decided whether he should focus on residential cle or commercial clients. His estimates of revenue, variable expenses, and fixed expenses are shown below Berenice variable expesse Fixed expe Residential per hour 51 per hour $8,075 mot rental c hours for commercial cl Required: 1. Calculate the number of break even hours for residential clients and commercial clients hound your answers to 1 decimal place 95 per hour 38 per hour $10.260 per ent Margin of salety ndr) Margin of safety as a perage of se 3 SA 2375 POPS 1800 hours 2. Assume that James decides to focus on commercial clients and his business is operating at 250 hours per month, Calculate the margin of safety both in dollars and as a percentage of sales (Round percentage answer to 1 decimal place) 1000 38.0 %