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Assume the following revenue and cost break-down. Revenue: -Monthly membership fee = $30. Costs: -General fixed operating expenses = $4,100 per month. -Equipment Lease =
Assume the following revenue and cost break-down.
Revenue:
-Monthly membership fee = $30.
Costs:
-General fixed operating expenses = $4,100 per month.
-Equipment Lease = $395 per month.
-Mixed costs are equal to $275 per/month (fixed) plus $1.10 per membership sale (variable).
-Total variable costs are not known.
-Estimated number of members required to break even is 330 members per month.
How to calculate member sales?
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