This camp allows 60 kids to be enrolled at a time for the duration of the 2 week camp. We are selling a service, this summer camp service offers a wide variety of desirable attributes to allow every child to have fun while being exposed to a well structured environment. The cost of the camp is $1200 for the 2 weeks, this amounts to $120/day since our camp is throughout the 5 days during the week. Identify all fixed and variable costs, contribution margin, and determine the break even point in units and dollars.

Business:

2 week/per camp (total of 16 weeks)

Costs:

Rent for facilities- 3000 a month

Equipment- 2000

Operating costs- 2000

Bring your own lunch

Employee salary- $15 per hour with 8 hour shifts (lunch included). Employee- 14 400

Slip n slide - $50

Bonus budget: $1200 ($100 per employee)

Trophy: $30 (1st place, 2nd place, 3rd place,most improved, most sportsmanlike, most spirit)

Total Costs: $22 680 (month)

Charges per kid to break even: $378 (per session)

How many kids per week: 60 (6 groups of 10 kids/per camp)

Employees: 12 (2 counselors per group)

Cost (per kid): $600 per week ($120/day)

Employee Hours: 9am-5pm

Operating Hours: 9am-4pm

Months: May - August 2021 -> 16 weeks

Question: Calculate the break-even point in units and dollars, Identify all fixed and variable costs, & contribution margin.