Question: The variable cost per gift basket is $3, fixed costs are $4,070 per month, and the selling price of a basket is $8. How many

The variable cost per gift basket is $3, fixed costs are $4,070 per month, and the selling price of a basket is $8. How many baskets must be produced and sold in a month to earn pretax earnings of $980?
Baskets

LINK TO TEXT

LINK TO TEXT

The Blue Heritage Centre (a not-for-profit organization providing language and arts and crafts programs for children) received a lump-sum grant from the City of Moncton of $414,452 this year. The fixed costs of the Centre are expected to be $218,000. The average variable cost per child visit is expected to be $6.25, and the average fee collected per child visit is $4.21.What is the breakeven volume in patient visits? (Round answers to 0 decimal places, e.g. 5,125.)
Child Visits

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!