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Preschool is budgeting for next year. The goal is to break-even; however, the initial budget forecasts a loss: Total expected tuition: $20,000 Less: Variable Cost
Preschool is budgeting for next year. The goal is to break-even; however, the initial budget forecasts a loss:
Total expected tuition: $20,000
Less:
Variable Cost 12,000
Fixed Cost 14,500
Projected Loss 6,500
How much in tuition will preschool need to earn in order to break-even?
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