Question

Fuchsia, Inc. provides automobile repair services in the local community. The company provides the following information for the month of​ March: Building Rent Expense $ 5 comma 300 Depreciation Expenselong dashEquipment 1 comma 600 Supplies Expense 7 comma 000 Utilities Expense 2 comma 300 Fuchsia provided services to 1 comma 400 clients in the month of March and generated $ 21 comma 500 as revenue. How much is the cost per​ service? (Round your answer to the nearest​ cent.) A. $ 11.57 B. $ 3.79 C. $ 6.57 D. $ 9.35

Answer 1

A. $ 11.57

Step-by-step explanation:

Building Rent Expense $ 5,300

Depreciation Expense Equipment 1,600

Supplies Expense 7,000

Utilities Expense 2,300

Fuchsia provided services 1,400 clients in the month of March and generated $ 21,500 as revenue.

Total Cost = 5300+1600+7000+2300 = $16,200

Cost per Service = 16200/1400 = $11.57