Poodle Grooming Salon provides dog grooming services
In March, the business groomed 245 dogs, earned $10,300 in revenues, and incurred the following operating costs:
Grooming Supplies Expense $485
Wages Expense 3,260
Utilities Expense 285
Rent Expense 1,200
Depreciation Expense - Equipment 500
Compute the cost of one grooming. (Round to two decimal places.)
What will be an ideal response
Cost of one grooming = Total operating costs / Total number of dogs groomed
= ($485 + $3,260 + $285 + $1,200 + $500 ) / 245 dogs groomed
= $5730 / 245
= $23.39 per dog groomed
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