Janice Huffman has decided to start Finch Cleaning, a residential housecleaning service company. She Is able to rent cleaning equipment at a cost of $700 per month. Labor costs are expected to be $75 per house cleaned and supplies are expected to cost $9 per house. Required a. Determine the total expected cost of equlpment rental and the average expected cost of equipment rental per house cleaned, assuming that Finch Cleaning cleans 15, 25, or 35 houses durtng one month. Is the cost of equipment a fixed or a varlable cost? b. Determine the total expected cost of labor and the average expected cost of labor per house cleaned, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. Is the cost of labor a fixed or a varlable cost? c. Determine the total expected cost of supples and the average expected cost of supplies per house cleaned, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. Is the cost of supplies a fixed or a vartable cost? d. Determine the total expected cost of cleaning houses, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. e. Determine the average expected cost per house, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Determine the total expected cost of cleaning houses, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. 15 25 35 No. of Houses Cleaned 1,885 2.100S 2.940 Total expected cost < Required C Required E>

PFIN (with PFIN Online, 1 term (6 months) Printed Access Card) (New, Engaging Titles from 4LTR Press)
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ISBN:9781337117005
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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Chapter5: Making Automobile And Housing Decisions
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E Assignment 1
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Janice Huffman has decided to start Finch Cleaning, a residential housecleaning service company. She Is able to rent cleaning
equipment at a cost of $700 per month. Labor costs are expected to be $75 per house cleaned and supplles are expected to cost $9
per house.
Requlred
a. Determine the total expected cost of equlpment rental and the average expected cost of equipment rental per house cleaned,
assuming that Finch CleanIng cleans 15, 25, or 35 houses during one month. Is the cost of equipment a fixed or a varlable cost?
b. Determine the total expected cost of labor and the average expected cost of labor per house cleaned, assuming that Finch
Cleaning cleans 15, 25, or 35 houses during one month. Is the cost of labor a fixed or a varlable cost?
c. Determine the total expected cost of supplies and the average expected cost of supplies per house cleaned, assuming that Finch
Cleaning cleans 15, 25, or 35 houses during one month. Is the cost of supplies a fixed or a vartable cost?
d. Determine the total expected cost of cleaning houses, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month.
e. Determine the average expected cost per house, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Required C
Required D
Required E
Determine the total expected cost of cleaning houses, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one
month.
15
25
35
No. of Houses Cleaned
1,885
2.100
2.940
Total expected cost
<Required C
Required E>
Transcribed Image Text:E Assignment 1 Saved Janice Huffman has decided to start Finch Cleaning, a residential housecleaning service company. She Is able to rent cleaning equipment at a cost of $700 per month. Labor costs are expected to be $75 per house cleaned and supplles are expected to cost $9 per house. Requlred a. Determine the total expected cost of equlpment rental and the average expected cost of equipment rental per house cleaned, assuming that Finch CleanIng cleans 15, 25, or 35 houses during one month. Is the cost of equipment a fixed or a varlable cost? b. Determine the total expected cost of labor and the average expected cost of labor per house cleaned, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. Is the cost of labor a fixed or a varlable cost? c. Determine the total expected cost of supplies and the average expected cost of supplies per house cleaned, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. Is the cost of supplies a fixed or a vartable cost? d. Determine the total expected cost of cleaning houses, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. e. Determine the average expected cost per house, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Determine the total expected cost of cleaning houses, assuming that Finch Cleaning cleans 15, 25, or 35 houses during one month. 15 25 35 No. of Houses Cleaned 1,885 2.100 2.940 Total expected cost <Required C Required E>
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