TechRocket pays $8500 per month for rent and utilities and $850 per month for workers' insurance. The
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TechRocket pays $8500 per month for rent and utilities and $850 per month for workers' insurance. The company pays its engineers $50 per hour. The client consulting sessions are conducted by one engineer and typically lasts for 3 hours. The company charges its clients $500 for a session.
a. How many sessions should the company sell per month to break even?
b. If the company wants to make a profit of $102,650 in a month, how many sessions should be sold?
c. How many engineers will the company need to employ per month if it wants to make a profit of $102,650 per month? Assume that an engineer works for 160 hours per month.
AppendixLO1
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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