Lesson 5 Assignment 6 A - Marcie DeGiovine February 1 2013...

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Marcie DeGiovine 258-10-0153 February 1, 2013 – May 20, 2013 BA635 Lesson #5, Assignment #6: $30,000 Mechanic salary expense 80,000 Supplies 8,000 Equipment 10,000 Remodeling 45,000 Electricity, heat, and taxes 15,000 Total expenses $188,000 Calculate breakeven revenue for the proposed 24 hour service and convenience center. Chapter 8 Problems 1. Breakeven Analysis . The Midtown Filling Station is a gasoline retailer in Denton, Texas. Louie DePalma, proprietor of Midtown, has decided to prepare a financial analysis of the potential of a 24-hour convenience store operation. Opening such a center would require remodeling the filling station and the hiring of additional cash register attendants, but mechanics would still work only from 8 am to 5 pm. Estimated first year expenses for the Midtown's service and convenience center are: Cash register attendant salary expense Mechanic and attendant salary expenses are estimated on an hourly basis, reflecting any additional salary and overtime costs. Supplies and remodeling expenses are above and beyond those required for normal facility operations. Equipment costs represent a prorated share of the centers fixed equipment-
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