Answer the following questions about break-even analysis. 1. Millbridge Day Care Center operates from Monday to Friday.
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Answer the following questions about break-even analysis.
1. Millbridge Day Care Center operates from Monday to Friday. It has fixed expenses of $18,000 per week and charges each child who attends the program $300 per week. It costs the center $30 per week for supplies and snacks for each child. How many children have to come to the Center each day for it to break even?
2. If the Center gets a rent increase of $1,000 per week, its break-even point (choose the correct answer)
a. Increases
b. Decreases
c. Stays the same
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Related Book For
Financial Management for Public, Health and Not-for-Profit Organizations
ISBN: 978-1506326849
5th edition
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
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