Access - Finance - Garage Exercise You own a small garage which carries out repairs and services. There is a workshop area where the repairs/services are carried out and an office. You look after the office side of the business. You employ 3 mechanics, who work full time, and two other staff who work part-time in the office. 1. Make a list of the costs involved in running the business. 2. Put these costs under the following headings: A - Costs which have to be paid, even if there are no repairs/service jobs to be done. B-Costs which will only have to be paid if there are jobs being carried out. How should the garage charge customers to ensure that it is profitable?
Access - Finance - Garage Exercise You own a small garage which carries out repairs and services. There is a workshop area where the repairs/services are carried out and an office. You look after the office side of the business. You employ 3 mechanics, who work full time, and two other staff who work part-time in the office. 1. Make a list of the costs involved in running the business. 2. Put these costs under the following headings: A - Costs which have to be paid, even if there are no repairs/service jobs to be done. B-Costs which will only have to be paid if there are jobs being carried out. How should the garage charge customers to ensure that it is profitable?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Hi! I don't even know where to begin with this one ??
Transcribed Image Text:Access - Finance - Garage Exercise
You own a small garage which carries out repairs and services.
There is a workshop area where the repairs/services are carried out and an office.
You look after the office side of the business.
You employ 3 mechanics, who work full time, and two other staff who work part-time
rt-time
in the office.
The co
1.
Make a list of the costs involved in running the business.
2. Put these costs under the following headings:
A - Costs which have to be paid, even if there are no repairs/service jobs to be done.
B- Costs which will only have to be paid if there are jobs being carried out.
How should the garage charge customers to ensure that it is profitable?
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Thank you! One last q, how should the garage charge customers to endure it is profitable?
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