Patricia and John are considering offering a doggy day-care service. After some research, they found...
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Patricia and John are considering offering a doggy daycare service. After some research, they found several pet daycare facilities in their area, but they were expensive! Further, the facilities were sterile and didn't provide a "homey" or fun environment for pets. Patricia and John felt they could easily fix these shortcomings.Patricia's home would be the location for their business, since it already has a fencedin yard and is located two blocks from a dog park Estimated costs for building an outdoor shelter, plus other licensing and business startup costs, are as follows.Shelter depreciated over years:$ per yearLicensing and other annual costs:$ per yearHourly wage for hired labor; planned for only hours per year: $ per hourVariable costs for food:$ per day per dogEstimated volume of dogs per day open for business days per week, weeks per year; average length of stay hours per day: per day. If the company employs a costplus markup of assuming the original volume of dogs per day, what will be the selling price per dog hour? Round answer to decimal places, egSelling price: $dog hour
Patricia and John are considering offering a doggy daycare service. After some research, they found several pet daycare facilities in their area, but they were expensive! Further, the facilities were sterile and didn't provide a "homey" or fun environment for pets. Patricia and John felt they could easily fix these shortcomings.Patricia's home would be the location for their business, since it already has a fencedin yard and is located two blocks from a dog park Estimated costs for building an outdoor shelter, plus other licensing and business startup costs, are as follows.Shelter depreciated over years:$ per yearLicensing and other annual costs:$ per yearHourly wage for hired labor; planned for only hours per year: $ per hourVariable costs for food:$ per day per dogEstimated volume of dogs per day open for business days per week, weeks per year; average length of stay hours per day: per day. If the company employs a costplus markup of assuming the original volume of dogs per day, what will be the selling price per dog hour? Round answer to decimal places, egSelling price: $dog hour
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