Question
Philladelphia swim club is planning for the comming year. investors would like to earn 10% return on the companys 37,000,000 of assets. the company primarily
Philladelphia swim club is planning for the comming year. investors would like to earn 10% return on the companys 37,000,000 of assets. the company primarily incurs fixed costs to maintain the swimming pool. fixed costs are projected to be 12,600,000 for the year. about 540,000 members are expected to swim each year. variable costs are about $13 per swimmer. The philadelphia swim club has a favorable reputation in the area and therefore has some control over the membership price. Using a cost - plus approach what price should philidephia swim club charge for a membership? a. 29.48 b.36.33 c.43.19 d.6.85
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