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4. Marseille, a boutique that creates high-quality wedding dresses, pays $7,500 per month in rent to ensure it keeps this prime location for downtown clientele.
4. Marseille, a boutique that creates high-quality wedding dresses, pays $7,500 per month in rent to ensure it keeps this prime location for downtown clientele. The cost of insurance and utilities is $500 per month and the cost of the modeller is $50 per hour. A consultation for a dress takes about 3 hours and the client has to pay a fee of $500 (which counts towards a down payment for the final cost of the dress). (6 points) a) Without having finished products, calculate the number of consultations necessary for Marseille to reach its break-even point. Business Mathematics Collge Boral 3 Module 4 - Break-even point Summative Evaluation 4 b) Calculate the number of consultations that are needed, if Marseille wants to make a profit of $100,000 for the month. c) Determines the number of modellers to hire in order to achieve a profit of $102,000. Assumes that a modeller works an average of 140 hours per month
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