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You run a nail salon. Fixed monthly cost is $5,557.00 for rent and utilities, $6,362.00 is spent in salaries and $1,226.
Posted: Mon Jul 11, 2022 12:05 pm
by answerhappygod
- You Run A Nail Salon Fixed Monthly Cost Is 5 557 00 For Rent And Utilities 6 362 00 Is Spent In Salaries And 1 226 1 (31.97 KiB) Viewed 35 times
You run a nail salon. Fixed monthly cost is $5,557.00 for rent and utilities, $6,362.00 is spent in salaries and $1,226.00 in insurance. Also every customer requires approximately $2.00 in supplies. You charge $63.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,580.00, salaries to $6,610.00 and insurance to $2,127.00 per month. Cost of supplies will increase to $6.00 per service. However you can now charge $165.00 per service. What is the PROFIT or Loss at the crossover point? If a loss include the - 4. Submit Answer format: Number: Round to: 2 decimal places.