how to do it in excel? You run a nail salon. Fixed monthly cost is $5,529.00 for rent and utilities, $5,744.00 is spent in salaries and$1,100.00 in insurance. Also every customer requires approximately $4.00 in supplies. You charge $85.00 onaverage for each service.You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to$11,216.00, salaries to $6,781.00 and insurance to $2,349.00 per month. Cost of supplies will increase to $6.00per service. However you can now charge $167.00 per service. What is the PROFIT or Loss at the crossoverpoint? If a loss include the-Round the quantity to 3 digits when using to calculate the profitSubmitAnswer format: Number: Round to: 2 decimal places.

A profit or loss at a crossover point is the profit or loss which must be earned by the company from…

Answered: You run a nail salon. Fixed monthly…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 16E

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