Determine your per-unit cost per dog for grooming
Calculate the break-even units: Create an Income Statement.
Direct Materials Grooming Revenue will be provided at the end of week 4.
Diret Labor Day Care
Manufacturing Overhead Boarding
Period Costs Calculate the break-even for target profits:
Variable and Fixed Costs
Instructions Milestone 1
Instructions Milestone 2
Instructions Milestone 3
Instructions – Milestone 1
Southern New Hampshire University
College of Continuing Education (COCE)
ACC 202 – Managerial Accounting
INSTRUCTIONS FOR MILESTONE 1 (Due Week 2)
Make sure to completely review the rubric for Milestone 1.
Use the data from this milestone and begin working on your final presentation due in Milestone 4 (Week 7).
ITEMS TO COMPLETE FOR THIS MILESTONE (Blue Tabs):
You plan to open a pet services business that will offer dog grooming, day care, and boarding.
COMPANY PROFILE TAB
Determine a company name. Be creative (e.g., “Inspiring Dog Care”).
Pick a location (e.g., “Chicago”).
Define your company’s vision and mission for how your business will add value to the community.
Accurately classify all of your costs (direct material, direct labor, manufacturing overhead, period costs).
Fixed and variable cost designation is provided.
VARIABLE AND FIXED COSTS
Determine your per-unit cost per dog for grooming, day care, and boarding.
OPERATIONAL AND COST INFORMATION:
For simplicity, base all calculations using 30 days in each month.
The groomer can groom 5 dogs a day, 5 days a week.
Each grooming takes 1.5 labor hours.
The day care can house 10 large dogs and 12 small dogs daily.
Day care is offered 6 days a week.
There are 12 kennels (single dog only).
Boarding (kennel services) is offered every day.
The Grooming facility is 200 square feet
The Boarding facility is 2,500 square feet
The Day Care facility is 1,500 square feet
Loan for start-up costs – monthly payment of $420; in effect immediately; limited cash and loan funding – used angel investors
Modest monthly draw of $600 a month for first year; should be divided evenly among the services (grooming, day care, boarding)
SALARY & HIRING DATA
Groomer – $12.00 an hour, 40 hours a week
Day Care Attendant – $9.00 per hour, 22 days per month, 8 hours a day
Receptionist – $8.50 per hour, 30 hours a week
Kennel Attendant – $11.50 per hour, 22 days per month, 8 hours a day
OTHER COST DATA
Dog Grooming Arm – $300 .
Grooming Table – $900
Grooming Tub – $2,800
Clippers – $136.99; can be used for 100 grooms
Shampoo – $103.96 per 5-gallon pail; can be used for 100 grooms
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