ACC 202 Milestone One Guidelines and Rubric Overview: In the first milestone of your final project,…
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Question “ACC 202 Milestone One Guidelines and Rubric Overview: In the first milestone of your final project,…”
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
Conclusion
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