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The owner of laundromat on Lucro hotel's ground floor is your friend and ask you to help him calculate his laundromat's breakeven point. The laundromat's
The owner of laundromat on Lucro hotel's ground floor is your friend and ask you to help him calculate his laundromat's breakeven point. The laundromat's contribution margin per unit is $2.5 (the average selling price per wash is $6 and average variable cost per wash is $3.5) and total fixed cost is $35,900 per year. Please calculate the following:
- Breakeven point in unit.
- If the owner of laundromat wants to achieve a profit target of $36,000, please calculate the target level of sales volume.
- Please calculate the total variable cost if 23056 washes are sold.
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