Assignment Instructions/ Description
ACC 202 Milestone One Guidelines and RubricOverview: 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 thatmust 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 decidingthe 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. Youwill 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, theboarding 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 of1.5 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 angelinvestors. 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 monthA complete list of additional costs is provided below: Food and water bowls: $3.59/unito 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
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