ACC206 - Principles of Accounting II Tutorial - AU
This tutorial provides guidance on applying advanced accounting principles to real-world financial scenarios, including journal entries and financial reporting.
Dylan Price
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ACC206 - Principles of Accounting II Tutorial - AU
Week 3 – E16-17- Fido Grooming - ACC206 - Principles of Accounting II Tutorial - AU
E16-17 Calculating income and cost per unit for a service company [5–
10 min]
Fido Grooming provides grooming services in the local community. In April, Kevin
Oliver, the owner, incurred the following operating costs to groom 650 dogs:
Wages $ 3,900
Grooming supplies expense 1,625
Building rent expense 1,300
Utilities 325
Depreciation on equipment 130
Fido Grooming earned $16,300 in revenues from grooming for the month of April.
Requirement
1. What is Fido's net operating income for April?
2. What is the cost to groom one dog?
(5-10 min.) E 16-17
Req. 1
Fido Grooming
Income Statement
Month of April
Week 3 – E16-17- Fido Grooming - ACC206 - Principles of Accounting II Tutorial - AU
E16-17 Calculating income and cost per unit for a service company [5–
10 min]
Fido Grooming provides grooming services in the local community. In April, Kevin
Oliver, the owner, incurred the following operating costs to groom 650 dogs:
Wages $ 3,900
Grooming supplies expense 1,625
Building rent expense 1,300
Utilities 325
Depreciation on equipment 130
Fido Grooming earned $16,300 in revenues from grooming for the month of April.
Requirement
1. What is Fido's net operating income for April?
2. What is the cost to groom one dog?
(5-10 min.) E 16-17
Req. 1
Fido Grooming
Income Statement
Month of April
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Document Details
University
Ashford University
Subject
Accounting