Jonah Graham owns and operates The Green Thumb Company (GTC), which provides live plants and flower arrangements
Question:
Jonah Graham owns and operates The Green Thumb Company (GTC), which provides live plants and flower arrangements to professional offices. Jonah has fixed costs of $3,120 per month for office/greenhouse rent, advertising, and a delivery van. Variable costs for the plants, fertilizer, pots, and other supplies average $21 per job. GTC charges $60 per month for the average job. Required: 1. How many jobs must GTC average each month to break even? fill in the blank 1 jobs per month 2. What is the operating income for GTC in a month with 76 jobs? Enter a net loss as a negative amount. $fill in the blank 2 What is the operating income for GTC in a month with 85 jobs? $fill in the blank 3 3. Jonah faces a tax rate equal to 20 percent. How many jobs must Jonah have per month to earn an after-tax income of $1,140? Round your answer to the nearest whole number of jobs. fill in the blank 4 jobs per month 4. Suppose that Jonahs fixed costs increase to $3,249 per month and he decides to increase the price to $76 per job. What is the new break-even point in number of jobs per month? Round your answer to the nearest whole number of jobs. fill in the blank 5 jobs per month