Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Given the following information: Client Rate / hour: $60 Ave. hour served / Client: 12 hours Hourly pay / employee: $18 Ave. hour work /
Given the following information:
- Client Rate / hour: $60
- Ave. hour served / Client: 12 hours
- Hourly pay / employee: $18
- Ave. hour work / employee: 20 hours
- Employee Util Req: 80%
- IT expenses: $900
- Internal Management Annual Salary: $10,000
- Rent & Facility Cost: $2,000
- Recreation Cost: $200
How many customers does this firm need to serve to reach breakeven?
Given the following information:
- Client Rate / hour: $60
- Ave. hour served / Client: 12 hours
- Hourly pay / employee: $18
- Ave. hour work / employee: 20 hours
- Employee Util Req: 80%
- IT expenses: $900
- Internal Management Annual Salary: $10,000
- Rent & Facility Cost: $2,000
- Recreation Cost: $200
How many customers does this firm need to serve to reach breakeven?
30
27
29
28
26
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started