Question
As a community service, the local YMCA runs Saturday afternoon movies for children, charging 50 cents admission per child. The fixed costs are $100 per
As a community service, the local YMCA runs Saturday afternoon movies for children, charging 50 cents admission per child. The fixed costs are $100 per Saturday for film rental, set up, and clean up. The YMCA also sells candy, drinks, and popcorn with a variable cost ratio of .50. The average child spends $2.00 on candy, drinks, and popcorn.
For each Saturday, what is the breakeven number of children attendees? How many children must attend if the YMCA wants an EBIT of $200?
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Creating Financial Value A Guide For Senior Executives With No Finance Background
Authors: Malcolm Allitt
1st Edition
1472922719, 978-1472922717
