SE12
Question
Calculating unit cost per service
Marx and Tyler provides hair-cutting services in the local community. In February, the business cut the hair of 190 clients, earned \(4,800 in revenues, and incurred the following operating costs:
Hair Supplies Expense \) 950
Wages Expense 548
Utilities Expense 190
Depreciation Expense—Equipment 60
What was the cost of service to provide one haircut?
Step-by-Step Solution
Verified Answer
The cost of service to provide one haircut is $9.2
1Computation of total cost
2Computation of Cost to service to provide one haircut
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