The Philadelphia Phenoms is a private club. The following fee and cost information for the club is
Question:
Required:
(a) Prepare a break-even graph for Philadelphia Phenoms.
(b) Prepare a profit-volume graph for Philadelphia Phenoms.
(c) If you were giving a talk to the membership to get members to understand the need for an increase in membership fees, which of the two graphs would you want to show, and why?
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