30

Chapter 3

TECHNICAL ASPECT

This chapter discusses the process of the proposed project. It also

shows the equipment and supplies that will be used in the business in
order to provide the services to the clients. Other aspects are also
discussed, such as the schedule of operation, the layout and location
of the business, and the service cost.
Service Description
The JAST Dance Studio will provide dance studios that will be
available for rentals. The studio will be well-ventilated, with sprung
wood flooring, has an excellent sound system and complete with
dancing equipment. Dance classes for Hip-hop, Jazz, and Folk dance
will also be offered. Every class will be divided into two; the beginner
class and Intermediate and Advanced class. The program is composed
of twelve sessions with a recital at the end of the program. The studio
will also be offering Zumba sessions.
Service offerings:

Rental services
Dance Workshops:
Modern Jazz, Hip-hop
Specialty Folk dance

31

Fitness- Zumba

Characteristics of the Service

The proposed project is the establishment of dance studio that will
provide rental services and workshops to the respondents aging 10
years and above. JAST Dance Studio is a standard and well equipped
dance studio with state of the art facility in all forms of dance class
and choreography. The dance studio will be well equipped with vinyl
dance floors, rocking stereo systems, a comfortable lobby with flat
screen TVs, and locker rooms for the customers. The proposed
business is a client-focused and result driven dance class business
that will provide great service and experience at an affordable fee that
wont in any way put a hole in the pocket of our clients.
JAST Dance Studio will offer standard and professional dance
training and other dance related services in a highly secured and
conducive learning environment to all our customers. We will ensure
that we work hard to meet and surpass all customers expectations as
it relates to their goals of enrolling in our dance studio or engaging
our services.
Uses of the Services

32

This rental service that the proposed business offers will provide a
suitable venue to rehearse their craft and hone their talents and skills
in dancing to our customers. The dance workshops that the business
will offer can help our customers develop the fundamentals of dance
and proper technique, and also promotes poise, harnesses passion and
encourage performance and healthy lifestyle.

Service Process
Rental services
The first step for rental services is the reservation of the studio. In
here, the clients will be able to choose between studio 1 and studio 2.
If the clients agree and accept the service, they will go on to the next
step which is the completion of admission form. This will indicate the
terms and conditions of the service such as the time reserved and the
rental fee to be paid. Next is the accommodation process wherein the
clients only have to present the admission form they filled out and
proceed to the reserved studio.Reservation
The costumers will pay after using the
studio. The rental process is illustrated below.
Reservation

Completion of Admission form

33

Accommodation

Payment

Figure 16. Rental Process

Dance Workshops
The first process to enroll in our dance workshop that is the
clients have to inquire either in the office or in our Facebook page.
Enrolment is next which implies that the said customer is already a
student of the workshop. After enrolment, the student will now
undergo dance workshop under a professional choreographer. After
some time of undergoing the workshop, the student is now ready for
the recital which will be the last process of the said service.
Illustrated below is the process of enrolling in dance workshop.

34
Inquiries

Enrolment

Dance workshop

Recital

Figure 17. Dance workshop process

Service Equipment, Furniture, and Supplies Requirements
The basic requirements for a dance studio include the mirror
needed for the wall of the studio, the sound system, the smooth vinyl
floor, furnitures, computes set, flat screen TV and other.
Dance Studio equipment
Generally, a dance studio is furnished with a smooth floor covering
and in some cases it is furnished with a hardwood floor especially for
tap dancing class. The smooth vinyl floor covering in dance studios
which is also known as a performance surface and commonly called
Marley, is usually not attached permanently to the underlying floor
and can be removed and transported to performance venues when the

35

need arises. It also include a barre, which can be either fixed to the
wall or be a detached move-able device that is around waist height
and used as a means of support. As music is a vital part of dance,
virtually all dance studios have a sound system for playing music. The
dance studio will also be surrounded with mirror as it will help the
dancers to see how they move and watch how they dance.
Table 18. Canvass of dance studio equipment and materials
Description
Alternative
Unit cost Alternative 2
1
(in
pesos)
Lazada
Vinyl
OLX
29
Ace Hardware
floor(30mmx30mm)
Custom made
1,500
Ace Hardware
Barre
SM
4,000
OLX
Mirror wall
Appliances
3,300
Abensons
Speakers
OLX
1,500
Abensons
Amplifier
SM
1,500
Abensons
DVD player
Appliances
18,000
SM Appliances
Air conditioner
Lazada
153
Puregold
Wall clock
SM
Appliances
Table 19.Chosen Dance Studio equipment and materials
Description
Unit
Store
Unit Cost
(pcs.)
(pesos)
Vinyl
68
Lazada
29
floor(30mmx30mm)
2
OLX
1,500
Barre
2
Custom
4,000
Mirror wall
2
made
3,300
Speakers
2
SM
1,500
Amplifier
2
Appliances
1,500
DVD player
4
OLX
18,000
Air conditioner
1
SM
153
Wall clock
Appliances
Lazada
SM
Appliances
Total
Amplifier

Unit cost (in

pesos)

33
2,150
5, 000
4,500
2,100
1,950
31,395
325

Total Cost
(pesos)
1,972
3,000
8,000
6,600
3,000
3,000
72,000
153

97,725
DVD Player

Speakers

Air conditioner

Computer Set

Flat screen TV

36

Figure 18. Dance Studio equipment and materials

Mirror wall

Wall Clock

Barre

Vinyl floor

Office Furnitures and equipment

Furnitures will be displayed on the waiting area and in the office.
Needed furnitures for the service are detailed as follows:

Table 20. Canvass of furniture and fixtures and equipment

Alternative
Unit cost
Description
Alternative 2
1
(in pesos)

Unit cost
(in pesos)

37

Computer set
Flat screen tv
(32)
Printer
Sofa set
Office table
Office chair
Locker
Reception table

Lazada
SM
Appliances
SM Dept.
Store
OLX
Lazada
Walter Mart
Lazada
Custom made

11,645
8,395
4,675
13,300
3,650
1,298
7,500
4,600

SM Appliances
Lazada
Octagon
Lazada
Walter Mart
Puregold
OLX
-

Table 21. Chosen furnitures and fixtures and equipment

Unit Cost
Description
Supplier
Unit
(in pesos)
Computer set
Lazada
2
11,645
Flat screen tv
SM
8,395
1
(32)
Appliances
4,675
1
Printer
SM Dept.
13,300
1
Sofa set
Store
3,650
1
Office table
OLX
1,298
1
Office chair
Lazada
7,500
1
Locker
Walter Mart
4,600
Reception table
Lazada
1
Custom made
Total

12,470
9,450
5,200
14,500
3,798
1,400
7,800
-

Total cost
(in pesos)
23,290
8,395
4,675
13,300
3,650
1,298
7,500
4,600
66,708

Sofa Set
Cabinet locker

Office chair

Sofa set

Office table

Reception table
Figure 19. Dance Furniture and fixtures

Mop

38

Labor Requirements
In dance workshop, professional dance instructors will be hired to
teach the dancers. Additionally, a licensed Zumba instructor will be
hired for the Zumba sessions. The studio will have one general
manager who will be in-charge for the overall management of the
studio such as the supervision of the staff and coordination of the
activities. There will also be a front desk officer who will be assigned
and is responsible for accommodating the customers. One security
guard will be hired to secure the whole area and will also help the
customers in parking their car. And lastly, a utility personnel to keep
the whole studio clean and organize all the time. The manpower
required for operating the studio with their salary is as follows:
Table 22. Human Resource details
No. of
Description
personne
l
Studio Administrator
1
Dance Instructor
3
Zumba Instructor
1
Front Desk Officer
1
Security personnel
1
Utility personnel
1
Total
8

Rate per day

*Monthly
salary

**Annual
Salary

480
420
420
375
340
320
2,355

11,520
15,120
10,080
9,000
8,160
7,680
61,560

138,720
***30,240
****20,160
108,375
98,260
92,480
488,235

*Monthly salary of each personnel is obtained by multiplying the

rate per day to 24 (total number of days open per month)

39

**Annual salary is computed by multiplying the rate per day to 289

total number of operating days a year.
*** Annual salary of dance instructor is computed by multiplying
rate per day by 24 (3 days x 4 weeks x 2 months)
****Annual salary of zumba instructors are obtained by multiplying
the rate per day to 48 days only (Dance instructors will be working
only for two months)
Schedule of Days in Operation
The table below shows the total number of holidays and total
number of Sundays in a year. The total number of operating days is
computed using the following formula:
Total number of operating days = Number of days in a year Total
holidays and Sundays
= 365 (24+52)
= 289
Table 23. Number of total holidays and Sundays
Holidays
Date
New Years day
Chinese New Year
EDSA Revolution Anniversary
Maundy Thursday
Good Friday
Holy Saturday
Araw ng Kagitingan
Calamba Cityhood
Labor Day

January 1
January 8
February 25
*
*
*
April 9
April 21
May 1

Number of days
1
1
1
1
1
1
1
1
1

40
Independence Day
Rizal day
Buhayani Festival
Eidl Fitr
Ninoy Aquino Day
National Heroes day
Yulo day
Eidl Adha
All Saints day
All Souls day
Bonifacio day
Christmas day
Rizals Death Anniversary
Last day of the year
Additional special non-working
day
Total

June 12
June 19
June 24
*
August 21
August 30
September 24
*
November 1
November 2
November 30
December 25
December 30
December 31
*

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
24

SOURCE. http.//publicholidays.ph/1and City of Calamba, official

website.
*Movable date
Service Schedule
The schedule of the business is important for the customers. To
accommodate the customers, the studio will be open from 8:30 AM to
6:00 PM from Monday to Saturday.
Table 24. Schedule of Dance Workshop from Mid-April to Mid-June
Wednesd Thursda
Time
Monday
Tuesday
Friday
Saturday
ay
y
8:3010:00

Hip Hop
Beginner

10:0011:30

Jazz
Beginner
Hip Hop
Intermediat
e And
Advanced
Jazz
Intermediat
e And
Advanced

1:002:30

2:304:00
4:005:30

Zumba

Hip Hop
Beginner
Folkdance
Beginner
Folkdance
Intermedia
te

Zumba

Hip Hop
Beginner

Jazz
Beginner
Hip Hop
Intermediat
e And
Advanced
Jazz
Intermediat
e And
Advanced

Folkdance
Beginner

Zumba

Zumba

Folkdance
Intermedi
ate

Jazz
Beginner
Hip Hop
Intermediat
e And
Advanced
Jazz
Intermediat
e And
Advanced
Zumba

Folkdance
Beginner
Folkdance
Intermediat
e

Zumba

41

Quality Control Procedure

JAST Dance Studio will build a solid business structure that can
support the growth of the business. The proponents will ensure hiring
competent people who can help them build the business. The
operations manager will be responsible for providing direction for the
studio. The studio administrator will be responsible for overseeing the
smooth running of Human Resource and administrative activities of
the proposed business. The proposed business will hire professional
dance instructors to ensure the quality of the dance workshops.
Qualifications for the customer service executive should be met by the
employee to be able to be part of strong manpower of the business.
The security and utility personnel should be screened thoroughly to
be qualified.
The studio will be well-equipped, well-ventilated and has spacious
waiting area for the customers. Proper maintenance of the facilities
like the changing room, restrooms and storage area will be observed.
Waste Disposal
In order to maintain cleanliness and orderliness of the studio, the
proponents see to it that the business observed the strict compliance
with regard to waste disposal regulation.

42

There would be a separate trash can for the biodegradable and

non-biodegradable all over the studio. Regular disposal of the garbage
will be observed as well as the regular maintenance of the utility
personnel.
Table 25. Canvass of cleaning supplies
Unit cost (in
Description
Alternative 1
pesos)
Broom
Dust pan
Mop
Toiletries
Toilet cleaner
Trash bins

Public Market
Public Market
268 Market
268 Market
Puregold
SM
Supermarket

Alternative 2

Unit cost (in

pesos)

120
80
350
325
72
135

SM
Supermarket
SM
Supermarket
SM Appliance
SM
Supermarket
SM
Supermarket
Puregold

150
139
399.75
325
85
209

Table 26. Chosen cleaning supplies

Description

Supplier

Unit

Cost
(in pesos)

Total cost
(in pesos)

Broom
Dust pan
Mop
Toiletries
Toilet cleaner
Trash bins

Public Market
Public Market
268 Market
268 Market
Puregold
SM
Supermarket

1
1
1
1
1
2

120
80
350
325
72
135

120
80
350
325
72
270

Total

1,217

Mop
Broom

Dustpan

43
Figure 20. Maintenance and Cleaning Supplies

Toilet Tissues

Toilet cleaner

Trash bin

Business Location
The location plays a vital part of the business. It is one of the
major keys to successful operations and overall growth.
The proponents consider first, the accessibility of the location. The
location must be easily accessible for the customers with the safety
precautions of the business. Second is the spacious area for the
operations and for the equipment. The location must have ample
space and should not be congested for the convenience of the
customers. And lastly is the competition. A businesss location can
affect the competition it faces from other businesses that offer the
same service. But since the proposed business is said to be the first to
establish in the target area, competition wont arise.

The Future Site

44

The studio will be located along Barangay Crossing, Calamba City

which is almost at the center of Calamba. The site is located in the
intersection road along national high way, at the middle unit of
7/Eleven and Jollibee Crossing Calamba. The photo of the future site
is shown below.

Figure 21. The Future Site.

Reasons for choosing the site

The proponents choose the said location because it is accessible to
the public. It would be also a great place to start the business since it
is surrounded by business establishments and highly populated.
Vicinity Map
The figure below shows the location of the studio. The business site
is located at the center of the city which is a great place to start the
business.

45

Figure 22. Vicinity Map

Dance Studio Layout

The floor plan for the proposed project is shown below. It is
divided into four large areas. There are two studios that are the same
in size, 9x10, which is the ideal size of a studio, and the other are is
divided into sub-rooms which are: the two changing rooms; the office;
and the storage. Lastly, the reception area is where the receiving area
and receptionist table are placed.

1.25 cm

46

Scale: 1m = 1.7cm

1.8 cm

1.8 cm
4.75 cm

12.5 cm

1.25 cm

6cm

3cm

11.1 cm

3cm

6.1 cm

10.9 cm

Figure 23. The Floor Plan

Rental Requirement
The space on the said location will be rented by the proponents
for the business. Indicated in the lease contract is that the proponents
12.5
cm
can renovate the said commercial space on their own choice.
Monthly

rental will be P30,000.

Leasehold Improvements
The proponents planned to rent the commercial space which is an
ideal size for the proponents business. However, the commercial

6cm

47

space needs renovation to concur to the projects floor plan. The

proponents were able to consult an engineer about this matter.
According to Engr. Cyrone G. Bejer the total estimated cost of
renovation is P257,251.10 this includes labor and all the materials
needed. The renovation will take two months to finish.
Office supplies
The supplies for the office are shown below.
Table 27. Canvass of office supplies
Description

Alternative 1

Unit cost
(in pesos)

Printer ink
Salary slip
Pencil
Pen
Bond Paper rim
Stapler set
Marker
Receipt
Folders
Calculator
Filer
Corkboard
Cashbox
Record book

Natl Bookstore
Natl Bookstore
268 Market
268 Market
Rex and Test
Wholesale
SM Dept. Store
Natl Bookstore
Natl Bookstore
268 Market
578 Emporium
SM Dept. Store
SM Dept. Store
SM Dept. Store
Natl Bookstore

425
5.75
54.25
144
135
128
45
43.50
4
79
89
149
800
129

Alternative
2
Natl
Bookstore
Natl
Bookstore
Natl
Bookstore
Natl
Bookstore
Natl
Bookstore
Natl
Bookstore
Natl
Bookstore
Natl
Bookstore
Ace
Hardware
-

Unit cost
(in pesos)

Cost
(in pesos)
425
5.75
54.25
144

Total cost
(in pesos)
425
17.25
54.25
144

62.75
203
160
195
5
234.75
90.75
250
999
-

Table 28. Chosen office supplies

Description

Supplier

Unit

Printer ink
Salary slip
Pencil
Pen

Natl Bookstore
Natl Bookstore
268 Market
268 Market

1
3
1
1

48

Bond Paper rim

Stapler set
Marker
Receipt
Folders
Calculator
Filer
Corkboard
Cashbox
Record book

Rex and Test

Wholesale
SM Dept. Store
Natl Bookstore
Natl Bookstore
268 Market
578 Emporium
SM Dept. Store
SM Dept. Store
SM Dept. Store
Natl Bookstore

1
2
2
3
20
2
2
1
1
1

135
128
45
43.50
4
79
89
149
800
129

135
256
90
130.50
80
158
178
149
800
129

Total

2,746

Utilities
Basic utilities such as electricity and water are required for the
dance studio to operate. The following computations are estimates
and are based on assumed data. Results are expected to vary from the
actual billings.
The formulas and rate per kilowatt hour used for the computation
of electricity consumption per unit were taken from the descriptions
of the unit and from the Meralco official website. The formulas used
are as follows:
For air conditioner

Cost per hour =Rate

( app wattage 0.8 0.8 ) +(app wattage 0.2)

1000

For all other appliances:

Cost per hour=Rate (appliance wattage / 1000)

49

The cost of the electricity for each appliance was computed and is
summarized in the following table:
Table 29. Cost of electricity
UNI
APPLIANC
TS
WATTAG
E
USE
E
D
Air
4
900
conditioner
Computer
2
650
Set

COS
T
PER
DAY
290.7
0

HOURS
CONSUME
D

*RAT
E
/KWH

TOTAL
COST/
HR

9.5

8.5

30.60

8.5

5.53

44.20

Speakers

600

8.5

5.10

40.80

Media
Player

90

8.5

0.77

6.12

Amplifier

600

8.5

5.10

40.80

Television
Fluorescent

1
40

45
9

9.5
9.5

8.5
8.5

0.38
3.06

TOTAL

15

2,894

60.5

3.63
29.07
455.
32

50.54

**ANNU
AL COST
84,012.3
0
12,773.8
0
11,719.2
0
1,768.68
11,719.2
0
1,049.07
8,401.23
131,442.
88

*The rate per kilowatt hour is obtained from the official website of
Meralco.
**Annual cost is computed by cost per day multiplied to total
operating days, 289.
The computation of water consumption per month is based on the
consumption rate per cubic meter which is obtained and assumed
from the official web page of Calamba Water District which is Php
24.05/m3. The average water consumption of the services areas is
22.67 m3. Thus the computation of water charge for a month would
be:
Water Charge =

Consumption rate x Cubic meter consumption

50

24.05 x 22.67

545.21

Computation of utilities expense a year is summarized in the table

below. Differences of minimal amounts are due to rounding off.
Internet connection would seldom be used therefore the proponents
have assumed to avail the latest offer of Philippine Long Distance and
Telecommunication Company, a wide-known internet service provider,
which has the lowest price of Php 699.00 per month. The dance studio
will operate 6 days a week and a total of 24 days a month.
Table 30. Utilities expense
Description
Electricity
Water
Internet
TOTAL

Monthly Cost (in pesos)

10,953.57
545.21
699.00
12,197.78

*Annual Cost (in pesos)

131,442.88
6,542.52
8,388.00
146,373.40

*Monthly cost multiply to 12 months is equal to annual cost

Depreciation Expense
The proponents used the straight line method to determine the
depreciation of equipment and furnitures. The depreciation of an
equipment or furniture is calculated as indicated below:

Annual Depreciation=

Acqsuisition costSalvage value

Estimated useful life

51
Table 31. Depreciation expense details
Total Cost
Description
(in pesos)
Service Equipment
95,600
Office Furniture and
66,708
Fixtures
257,251.10
Leasehold Improvement
Total
419,559.1

Useful life
(in years)
10
15
30

Annual
Depreciation
9,560.00
4,447.20
8,575.04
22,582.24

Service Cost
Service cost simply means the cost of providing the said service to
the market. Service cost of the studio is composed of the benefits that
will be received by the employees and their compensation that was
already illustrated in Table 22 ( Human Resource details).
Employee Contribution
A business success depends on its employees performance; poor
performance is detrimental to your companys success. Creating a
well-rounded approach to managing and coaching your work force
requires the expertise of a human resources leader and the support of
your companys executive leadership. JAST Dance Studio values their
employees as much as give importance to their clients. And in order
for an employee to work hard, the partners decided to give
contributions aside from the employees reasonable compensation.
The table below shows the contribution that the partners will provide
for the employees.
Table 32. List of contribution

52

Description
Studio
Administrator
Dance Instructor
Zumba Instructor
Front Desk Officer
Security
personnel
Utility personnel

Number
of
employe
es
1
3
1
1
1
1

Total

SSS
(in
pesos)
847.20
1,104.90
736.70
663.00
589.30
552.50
4493.6
0

Philheal
th
(in
pesos)
137.50
300
125
112.50
100
100

PagIBIG
(in
pesos)
100
300
100
100
100
100

875

800

Total
(in
pesos)
1,084.70
1,704.90
961.70
875.50
789.30
752.50
6,168.6
0

Annual
Contributi
on (in
pesos)
13,016.40
3,409.80
1,923.40
10,506
9,471.60
9,030

47,357.20

Employee Benefits
One of the most important components of running a successful
business is keeping employees happy and providing them with enough
incentive to maximize their productivity. It is important to maintain
employee benefits as a means of loyalty and talent management. The
proposed business decided to give benefits to its loyal and
hardworking personnel. The table summarizes the said benefits to be
provided.
Table 33. List of employee benefits
Description
Number of employee
Studio Administrator
1
Dance Studio Instrctor
3
Zumba Instructor
1
Front Desk Officer
1
Security personnel
1
Utility personnel
1
Total
8

13th month pay

11,520
15,120
10,080
9,000
8,160
7,680
61,560

Total Annual Cost

Illustrated below is the total cost incurred by the studio for the
whole year.

53
Table 34. Annual expenses details
Cost
Salaries/Compensation
Rent expense
Depreciation expense
Utilities expense
SSS, Philhealth and Pag-IBIG Contribution
Employee benefits
Total

Annual Cost
488,235.00
360,000.00
21,710.24
146,373.40
47,357.20
61,560.00

1,125,235.84

Allocation of cost
The cost is allocated based on the floor area covered by the office
(14.58 sq. m) out of the total area of the business (372.30 sq.m). The
remaining 357.72 sq.m of the total area was occupied by the activities
related to the operation. The rate was applied to utilities expense and
depreciation expense on leasehold improvement only.
Table 35. Allocation of cost
Description
Salaries
Rent
Depreciation
Utilities
SSS,Philhealth &Pag-IBIG
Contribution
Employee Benefits
Total

Administrative
expense

Operating expense

138,720.00
14,400
4,755.32
5,854.94
13,016.40
11,520

349,515.00
345,600.00
16,954.92
140,518.46
34,340.80
50,040.00

188,266.66

936,969.18

Service Price
Hourly service fee
The computation of the cost per hour per rental is based on all cost
related to the operation of the business.
Table 36. Computation of annual costs for dance rental
Description
Amount
Salaries
299,115.00
Rent
345,600.00
Depreciation
16,954.92
Utilities
140,518.46
SSS,Philhealth &Pag-IBIG Contribution
29,007.60

54
Employee Benefits
Total

24,840.00
856.035.98

Cost per hour per rental

Monthly cost /operating days

Operatinghours

=
=
Rental fee per hour

71.,336 .33 /24

9.5 hours
312.88
=

450

Mark-up
=
Rental fee per hour Cost per hour per rental
=
=
Gross profit rate

450 312.88

137.12

Markup
Rental fee per hour

137.12
450

30.47%

Service fee per Dance session

The computation of the cost per hour per rental is based on all cost
related to the operation of the business including the salaries,
contributions, and 13th month pay of a dance instructor.
Table 37. Computation of annual costs of dance workshop
Description
Amount
Salaries
309,195.00
Rent
345,600.00
Depreciation
16,954.92
Utilities
140,518.46

55
30,144.20
29,880.00
872,292.58

SSS,Philhealth &Pag-IBIG Contribution

Employee Benefits
Total

Cost per session

Monthly cost /total sessions

Operatinghours

72,691.05 /24
8 hours

=
Dance workshop fee per session

x 1.5

567.90
=

900

Mark-up
=
Workshop fee per sessionCost per hour per rental

Gross profit rate

900 567.90

332.10

Markup
Dance workshop fee per session
332.10
900

= 36.90%
Service fee per zumba session
The computation of the cost per hour per rental is based on all cost
related to the operation of the business including the salaries,
contributions, and 13th month pay of a zumba instructor.
Table 38. Computation of annual costs of zumba
Description
Salaries
Rent

Amount
319,275
345,600.00

56
16,954.92
140,518.46
30,931.00
34,920.00
888,199.38

Depreciation
Utilities
SSS,Philhealth &Pag-IBIG Contribution
Employee Benefits
Total

Zumba fee per session

=
Fee

Monthly cost /operating days

Operatinghours

74,016.62
20
24
1.5 hours
102.80
150

Mark-up
=
Workshop fee per sessionCost per hour per rental

Gross profit rate

150 102.80

47.20

=
=

Markup
Dance workshop fee per session
47.20
150
31.47%