Question
Snow LeopardSnow Leopard provides daycare for children Mondays through Fridays. Snow LeopardSnow Leopard charges each parent $ 630$630 per child per month. LOADING... (Click the
Snow LeopardSnow Leopard provides daycare for children Mondays through Fridays. Snow LeopardSnow Leopard charges each parent $ 630$630 per child per month. LOADING... (Click the icon to view the monthly variable per child and fixed costs.) Read the requirements LOADING... . Requirement 1. Calculate the breakeven point. Determine the formula used to calculate the breakeven quantity, then calculate the number of children that must be enrolled to break even. / = Breakeven number of children / =
Its monthly variable costs per child are as follows: | |
Lunch and snacks | $155 |
Educational supplies | 30 |
Other supplies (paper products, toiletries, etc.) | 25 |
Total | $210 |
Monthly fixed costs consist of the following: | |
Rent | $1,950 |
Utilities | 200 |
Insurance | 340 |
Salaries | 3,060 |
Miscellaneous | 750 |
Total | $6,300 |
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