Question

Overview in the first milestone of your final project, you will determine and classify the costs necessary for opening your business. This article that must be done correctly for you to successfully complete the subsequent milestones and the final submission Scenario: Prior to Opening Part You plan to open a pet services business that will offer dog grooming day care and boarding you can be creative in deciding the name of your businesses. Inspiring Dog Careits geographical locations. Chicagol, and is mission and vision for adding value to the community. You will be asked to make choices for a few other details to customize your case, otherwise, you should use the information below There are 12 Re s ingle dog only and the day care area can house 10 large dogs and 12 mal dogs each day. The grooming facility is 200 square feet, the boarding facility is 2,500 square feet, and the day care is 1.500 square feet. Your groomer cangroom five dogs a day for five days a week, each groom consists of 1.5 labor hours. You also offer dog day care six days a week, and kenneling every day. You have taken out a loan for start-up costs and the monthly payment is $420; it goes into effect immediately and should be accounted for in your costs with limited cash contribution and loan funding you located two angel investors. You will collect a modest draw for the first year of $600 a month remember to divide evenly among the services Note: For simplicity, base al calculations using 30 days in each month. You estimate the following staffing needs: • Agroomer who will be paid $12/hour and work 40 hours a week • A day care attendant who will be paid $5/hour and will work 22 eight-hour days per month • A receptionist who will be paid S SVhour and work 30 hours a week • A kennel attendant who will be paid $11.50/hour and will work 22 eight hour days per month A complete list of additional costs is provided below • Food and water bowls: $3.50/unit Daycare Two bowis last for every 5 dogs that attend daycare Boarding: Two bowls last for every 100 dogs that are boarded, you need two bowis per kennel Grooming Each bowl lasts for 20 grooms and you need four bowls at all times. • Fencing for daycare area $1.249; installation of fencing: $1.000 • Dorming arm $300 • 12 kennels: $9.500; depreciation is 50/month • Rent: $650/month allocate based on square footage • Utilities insurance: $600/month allocate based on square footage • Grooming table: $900

Overview in the first milestone of your final project, you will determine and classify the costs necessary for opening your business. This article that must be done correctly for you to successfully complete the subsequent milestones and the final submission Scenario: Prior to Opening Part You plan to open a pet services business that will offer dog grooming day care and boarding you can be creative in deciding the name of your businesses. Inspiring Dog Careits geographical locations. Chicagol, and is mission and vision for adding value to the community. You will be asked to make choices for a few other details to customize your case, otherwise, you should use the information below There are 12 Re s ingle dog only and the day care area can house 10 large dogs and 12 mal dogs each day. The grooming facility is 200 square feet, the boarding facility is 2,500 square feet, and the day care is 1.500 square feet. Your groomer cangroom five dogs a day for five days a week, each groom consists of 1.5 labor hours. You also offer dog day care six days a week, and kenneling every day. You have taken out a loan for start-up costs and the monthly payment is $420; it goes into effect immediately and should be accounted for in your costs with limited cash contribution and loan funding you located two angel investors. You will collect a modest draw for the first year of $600 a month remember to divide evenly among the services Note: For simplicity, base al calculations using 30 days in each month. You estimate the following staffing needs: • Agroomer who will be paid $12/hour and work 40 hours a week • A day care attendant who will be paid $5/hour and will work 22 eight-hour days per month • A receptionist who will be paid S SVhour and work 30 hours a week • A kennel attendant who will be paid $11.50/hour and will work 22 eight hour days per month A complete list of additional costs is provided below • Food and water bowls: $3.50/unit Daycare Two bowis last for every 5 dogs that attend daycare Boarding: Two bowls last for every 100 dogs that are boarded, you need two bowis per kennel Grooming Each bowl lasts for 20 grooms and you need four bowls at all times. • Fencing for daycare area $1.249; installation of fencing: $1.000 • Dorming arm $300 • 12 kennels: $9.500; depreciation is 50/month • Rent: $650/month allocate based on square footage • Utilities insurance: $600/month allocate based on square footage • Grooming table: $900

ACC 202 Milestone One Guidelines and Rubric
Overview: In the first milestone of your final project, you will determine and classify the costs necessary for opening your business. This is a critical step that
must be done correctly for you to successfully complete the subsequent milestones and the final submission.
Scenario: Prior to Opening, Part I: You plan to open a pet-services business that will offer dog grooming, day care, and boarding. You can be creative in deciding
the name of your business (e.g., “Inspiring Dog Care”), its geographical location (e.g., Chicago), and its mission and vision for adding value to the community. You
will be asked to make choices for a few other details to customize your case; otherwise, you should use the information below.
There are 12 kennels (single dog only) and the day care area can house 10 large dogs and 12 small dogs each day. The grooming facility is 200 square feet, the
boarding facility is 2,500 square feet, and the day care is 1,500 square feet. Your groomer can groom five dogs a day for five days a week; each groom consists of
1.5 labor hours. You also offer dog day care six days a week, and kenneling every day. You have taken out a loan for start-up costs and the monthly payment is
$420; it goes into effect immediately and should be accounted for in your costs. With limited cash contribution and loan funding, you located two angel
investors. You will collect a modest draw for the first year of $600 a month; remember to divide evenly among the services.
Note: For simplicity, base all calculations using 30 days in each month.
You estimate the following staffing needs:
 A groomer who will be paid $12/hour and work 40 hours a week
 A day care attendant who will be paid $9/hour and will work 22 eight-hour days per month
 A receptionist who will be paid $8.50/hour and work 30 hours a week
 A kennel attendant who will be paid $11.50/hour and will work 22 eight-hour days per month
A complete list of additional costs is provided below:
 Food and water bowls: $3.59/unit
o Daycare: Two bowls last for every 75 dogs that attend daycare.
o Boarding: Two bowls last for every 100 dogs that are boarded; you need two bowls per kennel.
o Grooming: Each bowl lasts for 20 grooms and you need four bowls at all times.
 Fencing for daycare area: $1,249; installation of fencing: $1,000
 Dog grooming arm: $300
 12 kennels: $9,500; depreciation is $80/month
 Rent: $650/month; allocate based on square footage
 Utilities/insurance: $600/month; allocate based on square footage
 Grooming table: $900

 Grooming tub: $2800
 Heating system: $10,000; depreciation is $83/month; allocate based on square footage
 Clippers: $136.99; can be used for 100 grooms
 Shampoo: $103.96 per five-gallon pail, which can be used for 100 grooms
 Cage bank: $2200 per set of 5
 Salon Tuff Capri mobile carry cart: $90
 Towels: $34.99 per 12 pack
o Day care: You need to have 12 towels for every 25 dogs.
o Boarding: You need to have 12 towels for every 40 dogs.
o Grooming: You need to have two towels for every groom per day.
 Scissors: (1) 7-inch straight is $194.99, and (1) ear-and-nose is $7.49; each can be used for 200 grooms.
 Toys: $3.29 per 6-pack; one toy will last for two dogs in day care, per day.
 Cleaning products:
o Odoban: $14.55/gallon: Each area will dilute 1 oz to 1 gallon of water; allocate based on square footage.
o Simple Green: $15.66/gallon: each area will dilute 1 oz to 1 gallon of water; allocate based on square footage.
 Dryer: $1250
 Rubberized flooring for day care: $3800

Answer 1

MILESTONE 1 - Company Profile Compnay Name XYZ Corporation Location Newyork Vision To be best ethical groomer Mission To groom every dog in and around Newyork

Direct Material Direct Labor Manufacturing Overhead Item/Cost Period Costs Fixed Variable x xix : Groomer Day care attendant Receptionist Kennel attendant Food and water bowls Fencing for day care area Installation of fencing Dog grooming arm (attaches to table) 12 kennels cost Depreciation on kennels Rent Utilties and insurance Grooming table Grooming tub 48". Heating system Depreciation on heating system Clippers Shampoo (Crystal Clear: five-gallon pail) Cage bank (set of five) Salon Tuff Capri mobile carry cart Towels Scissors (7-inch straight, ear & nose) Toys (used in day care only). Cleaning products (used throughout). Dryer Rubberized flooring. (day care) Loan Draw

Item Fixed Costs Item Kennel attendant ROUND((11.5*8)*22/(12*30),2) Bowls Towels Variable Costs $ 5.62 0.86 0.87 Depreciation on kennels Rent Loan Utilities and Insurance ROUND(600*(2500/4200),2) Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw Total Fixed Costs 80.00 386.90 250.00 357.14 49.40 25.98 29.55 200.00 1,378.97 Total Variable Costs $ 7.35 $

Item Fixed Costs Item Kennel attendant ROUND((11.5*8)*22/(12*30),2) Bowls Towels Variable Costs =ROUND((11.5*8)*22/(12*30),2) =ROUND((3.59*2*12)/100,2) =ROUND(34.99/40,2) Depreciation on kennels Rent Loan Utilities and Insurance ROUND(600*(2500/4200),2) Depreciation on heating system Cleaning Products: Odoban Cleaning Products: Simple Green Draw Total Fixed Costs =ROUND(650*(2500/4200),2) =ROUND(420*(2500/4200),2) =ROUND(600*(2500/4200),2) =ROUND(83*(2500/4200),2) =ROUND(43.65*(2500/4200),2) =ROUND(49.65*(2500/4200),2) =ROUND(600/3,2) =SUM(649:G57) Total Variable Costs =SUM(D49:057)