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Author Question: Hartland Horticulture provides and maintains live plants in office buildings. The company's 850 ... (Read 17 times)

kms5229

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on: Feb 5, 2023
Hartland Horticulture provides and maintains live plants in office buildings. The company's 850 customers are charged $30 per month for this service, which includes weekly watering visits. The variable cost to service a customer's location is $18 per month. The company incurs $2,000 each month to maintain its fleet of four service vans and $3,000 each month in salaries. Hartland pays a bookkeeping service $2 per customer each month to handle all invoicing and accounting functions.

Required:
a.Prepare Hartland's contribution format income statement for the month.
b.What is the expected monthly operating income if 150 customers are added?
c.Mr. Hartland is exploring options to reduce the annual bookkeeping costs.
Option 1: Renegotiate the current contract with the bookkeeping service to pay a
flat fee of $10,200 per year plus $1 per customer per month.
Option 2: Hire a part-time bookkeeper for $18,000 per year to handle the invoicing and
simple accounting. Hartland will need to pay $5,000 per year to have taxes and year-end
financial statements prepared.
Compare the current bookkeeping cost with the two options at customer levels of 850,
1,000, and 1,100.
d.In addition to the bookkeeping costs incurred, what should Mr. Hartland consider
before he makes a change in bookkeeping services?
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by kms5229 on Feb 5, 2023

bobbbbb

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kms5229

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Reply 2 on: Feb 5, 2023
Excellent

robbielu01

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Reply 3 on: Yesterday
:D TYSM

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