Problem 11-22A (Algo) Cost behavior and averaging LO 11-1 Janice Huffman has decided...

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Problem 11-22A (Algo) Cost behavior and averaging LO 11-1
Janice Huffman has decided to start Munoz Cleaning, a residential housecleaning service company. She is able to rent cleaning equlpment at a cost of $770 per month. Labor costs are expected to be $85 per house cleaned and supplies are expected to cost $8 per house.
Required
a. Determine the total expected cost of equipment rental and the average expected cost of equipment rental per house cleaned, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of equipinent 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 Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of labor a fixed or a varlable cost?
c. Determine the total expected cost of supplles and the average expected cost of supplies per house cleaned, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of supplies a fixed or a varlable cost?
d. Determine the total expected cost of cleaning houses, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month.
e. Determine the average expected cost per house, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month.
Complete this question by entering your answers in the tabs below.
Required A
Determine the total expected cost of equipment rental and the average expected cost of equipment rental per house cleaned, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of equipment a fixed or a variable cost?
Note: Round "Average per unit" answers to 2 decimal places.
Show less
\table[[Number of Houses Cleaned,30,40,],[Total expected rental cost,,,],[Average per unit rental cost,,,],[The cost of equipment is a,,,]]
Problem 11-22A (Algo) Cost behavior and averaging LO 11-1
Janice Huffman has decided to start Munoz Cleaning, a residential housecleaning service company. She is able to rent cleaning equlpment at a cost of $770 per month. Labor costs are expected to be $85 per house cleaned and supplies are expected to cost $8 per house.
Required
a. Determine the total expected cost of equipment rental and the average expected cost of equipment rental per house cleaned, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of equipinent 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 Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of labor a fixed or a varlable cost?
c. Determine the total expected cost of supplles and the average expected cost of supplies per house cleaned, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of supplies a fixed or a varlable cost?
d. Determine the total expected cost of cleaning houses, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month.
e. Determine the average expected cost per house, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month.
Complete this question by entering your answers in the tabs below.
Required A
Determine the total expected cost of equipment rental and the average expected cost of equipment rental per house cleaned, assuming that Munoz Cleaning cleans 30,40, or 50 houses during one month. Is the cost of equipment a fixed or a variable cost?
Note: Round "Average per unit" answers to 2 decimal places.
Show less
\table[[Number of Houses Cleaned,30,40,],[Total expected rental cost,,,],[Average per unit rental cost,,,],[The cost of equipment is a,,,]]
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