Question

The Philadelphia Phenoms is a private club. The following fee and cost information for the club is available: monthly membership fee per person, $140; monthly variable cost per person, $88; monthly fixed cost, $4,940. Members provide the majority of services and supplies for the club. The club currently has 120 members, and its cash balance has been declining for the past year.
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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  • CreatedMarch 27, 2015
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