Question
John Love is a retired C Suite executive with extensive experiences in multi-national firms. He is sought after as Board members for TSX listed organizations.
John Love is a retired C Suite executive with extensive experiences in multi-national firms. He is sought after as Board members for TSX listed organizations.
Below is the financials of working as a professional Board Members in a rental office downtown:
| Fee per hour | $ 350.00 | per hour |
| Breakeven sales in dollars | $ 318,750 | |
| Total fixed expenses | $ 75,000 |
What is the variable expense per hour ?
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
9th edition
1-119-49356-3, 1119493633, 1119493560, 978-1119493631
