Build an Excel spreadsheet for operating expenses. The spreadsheet should clearly display the total operating expenses, other
Question:
Build an Excel spreadsheet for operating expenses. The spreadsheet should clearly display the total operating expenses, other expenses, and total expenses. There are both fixed cost and variable cost items listed. First, the fixed costs are as follows:
Item | Annual Cost |
Vehicle Expense | $12,600.00 |
Repairs & Maintenance | $32,700.00 |
Taxes & Licenses | $4,600.00 |
Trash Removal | $18,800.00 |
Exterminator | $11,800.00 |
Insurance | $46,320.00 |
Equipment Rentals | $10,900.00 |
Armored Car Service | $15,400.00 |
Telephone | $2,575.00 |
Utilities | $30,500.00 |
Other Fixed Costs | $52,000.00 |
Second, the variable costs consist of:
Item | Annual Cost |
Laundry & Uniforms | 0.6% |
Paper Goods | 0.4% |
Cleaning Supplies | 0.5% |
Other Variable Costs | 2.1% |
In addition to fixed and variable costs, the stadium should consider rent for running the concession stands. The rent is 41% of annual sales.
The Operating Expenses spreadsheet created for this section should mirror Forms D & E from the textbook (pages 105 & 107).