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Michigan Elite Conditioning did $1,056,000 in membership sales in for 2016. Cost of goods sold included the trainer hourly wages at $800,000. There were eight
Michigan Elite Conditioning did $1,056,000 in membership sales in for 2016. Cost of goods sold included the trainer hourly wages at $800,000. There were eight trainers. Yearly expenses included insurance, rent, utilities, administrative staff and massage therapy staff and totalled $298,005. What is the break even level of sales? What level of sales is required for a $100,000 profit?...How many additional trainers will be needed? (round up to the nearest whole number)
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