Question
The Cottonwood Country Club has asked you to complete a breakeven analysis for the golf course so they can determine how many rounds must be
The Cottonwood Country Club has asked you to complete a breakeven analysis for the golf course so they can determine how many rounds must be played for the course to breakeven on a given day. Pertinent information follows:
| Price per Golf Round | $65.00 |
| Rounds Played | 200 |
| Variable Costs | $1,300 |
| Fixed Cost per day | $ 5,000 |
Calculate the Contribution Margin percentage and the Breakeven Point in both dollars and the number of rounds. Show your work.
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Managerial Accounting, 1, (6 Months)
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th Edition
1337270814, 9781337270816
