Question
Minnie Mouse Nursing Limited is considering opening a new facility in Toontown. The fees process and costs of the various services should be the same
Minnie Mouse Nursing Limited is considering opening a new facility in Toontown. The fees process and costs of the various services should be the same as her 6 other centers in Disney World. The only cost that should change is that rent will be $6,250 greater per month in the Toontown location than all the others. The existing centers have the following data per year: Revenues (fees) $1,250,000 Variable costs $600,000 Fixed costs $420,000 Required: ALL CALCULATIONS MUST BE SHOWN 1) Determine the fees required for the new location to break even. 2) Determine the fees required for the new location to make a $120,000 profit per year.
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