Question: final answer should be rounded to 2 decimal places in each question You run a nail salon. Fixed monthly cost is $5,088.00 for rent and
You run a nail salon. Fixed monthly cost is $5,088.00 for rent and utilities, $5,832.00 is spent in salaries and $1,603.00 in insurance. Also every customer requires approximately $4.00 in supplies. You charge $70.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,141.00, salaries to $6,475.00 and insurance to $2,188,00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $161.00 per service. At what point will you be indifterent between your current location and the new location? Answer format: Number Round to: 2 decimal places. Read the following question carefully, it is slightly different than the previous one. It requires you to solve fc quantity at crossover like the previous problem, but then you need to do a second step to convert that quantit profit. You run a nail salon. Foced monthly cost is $5,989.00 for rent and utitites, $5,671,00 is spent in sataries and $1,064,00 in insurance. Also every customer requires approximately $2.00 in supples. You charge 581 o0 on average for each service. You are considering moving the salon to an upscale neighborhood where fhe rent and wilites wil increase to $10.865.00, salaries to $6.240.00 and insurance to $2.327.00 per month. Cost of supplies will increase to $7.00 per service. However you can now charge $14400 per service. What is the PROFI or Loss at the crossover point? If a loss include the : Round the quantity to 3 digits when using to calculate the proft
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