“Duncan and Harrison provides hair-cutting services in the local community. In February, the business cut the hair of 200 clients, earned $ 5,400 in revenues, and incurred the following operating costs:Hair Supplies Expense: $ 400Building Rent Expense: 1,000Utilities Expense: 200Depreciation Expense—Equipment: 60”,”Select the formula labels, then enter the amounts and compute the cost of service of providing one haircut.Total operating costs / total number of haircuts = cost per haircut$1
660 / 200 = $8.30″