Question: help with this question please You run a nail salon. Fixed monthly cost is $5,855.00 for rent and utilities, $5,601.00 is spent in salaries and
You run a nail salon. Fixed monthly cost is $5,855.00 for rent and utilities, $5,601.00 is spent in salaries and $1,540.00 in insurance. Also every customer requires approximately $5.00 in supplies. You charge $55.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,667.00, salaries to $6,973.00 and insurance to $2,447.00 per month. Cost of supplies will increase to $6.00 per service. However you can now charge $144.00 per service. What is the PROFIT or Loss at the crossover point? If a loss include the - Submit Answer format: Number: Round to: 2 decimal places. You run a nail salon. Fixed monthly cost is $5,855.00 for rent and utilities, $5,601.00 is spent in salaries and $1,540.00 in insurance. Also every customer requires approximately $5.00 in supplies. You charge $55.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $10,667.00, salaries to $6,973.00 and insurance to $2,447.00 per month. Cost of supplies will increase to $6.00 per service. However you can now charge $144.00 per service. What is the PROFIT or Loss at the crossover point? If a loss include the -. Submit Answer format: Number: Round to: 2 decimal places
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