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WILL RATE: TeddyBear provides daycare for children Mondays through Fridays. TeddyBear charges each parent $590 per child per month. Monthly fixed costs consist of the
WILL RATE: TeddyBear provides daycare for children Mondays through Fridays. TeddyBear charges each parent $590 per child per month.
Monthly fixed costs consist of the following: 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. Requirement 2. Teddy Bear's target operating income is $10,200 per month. Compute the number of children who must be enrolled to achieve the target operating income. Determine the formula used to calculate the quantity required to achieve the target income, then enter the amounts to calculate the number of children who must be enrolled to achieve the target income. requirement 2 ? Determine the formula used to calculate the fee increase per child, then enter the amounts to calculate the increase needed to meet the target operating income. []=perchildIncreaseinfeeStep by Step Solution
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