Question

Nurix, inc. is a business consulting firm. during the month of february, nurix earned $55,600 of revenues by providing services to 46 clients. operating expenses for february were $9,000 and non-operating expenses were $4,000. what is the unit cost per service? (round your answer to the nearest cent.)

Answer 1

To calculate the unit cost per service for Nurix, Inc., add the operating and non-operating expenses to get the total, then divide by the number of clients served. This results in a unit cost per service of $282.61 after rounding to the nearest cent.

Step-by-step explanation:

The question is asking us to calculate the unit cost per service for Nurix, Inc., a business consulting firm that earned a specific amount in revenues while providing services to a certain number of clients. To find the unit cost, we need to consider both the operating and non-operating expenses and divide the total expenses by the number of clients served.

Here's the step-by-step calculation:

1. Add operating expenses and non-operating expenses to get total expenses: $9,000 + $4,000 = $13,000.
2. Divide the total expenses by the number of clients served to get the unit cost per service: $13,000 ÷ 46 = approximately $282.61.

To provide an accurate answer, we round the final result to the nearest cent, resulting in a unit cost per service of $282.61.

Answer 2

The unit cost per service is calculated by dividing the total operating cost of services by the number of service units.

In the given problem, the operating expenses are $9,000 which shall be considered the cost of services provided. And the number of the service unit is given 46 units.

Hence, unit cost per service shall be $9,000/46 = $195.65

Note: We have rounded off the final answer to the nearest cent or two decimal places.