Question

Fuchsia provided services to​ 1,600 clients in the month of March and generated​ $23,500 as revenue. How much is the cost per​ service? (Round your answer to the nearest​ cent.)

Answer 1

Answer:

$10.72

Explanation:

Calculation for How much is the cost per​ service

First step is to calculate the Total costs

Building Rent Expense $5,200

DepreciationExpense—Equipment 1,600

Supplies Expense 8,000

Utilities Expense 2,350

Total costs $17,150

Now let calculate the Cost per service using this formula

Cost per service = Total costs / Services

Let plug in the formula

Cost per service = $17,150 / 1,600

Cost per service = $10.72

Therefore the cost per​ service is $10.72