The Venue Racquet Club found that with annual fixed costs of $60,000, its breakeven point is 2,000 members when the membership charge is $60 per person per year. What is the variable cost per person for Venue?
A. $45
B. $50
C. $30
D. $25
E. $40
Answer: C
You might also like to view...
Regarding companies operating across the globe, which of the following is true?
A) They do not make any statements regarding global responsibility. B) They can apply one marketing approach to all countries. C) All of the most powerful brands come from U.S. companies. D) They represent their home countries abroad, for better or for worse.
What are the potential gaps in the Service Gaps Model? What is it designed to do?
What will be an ideal response?
Robert uses FedEx in a scheme to defraud Standard Sales Company by obtaining merchandise to which he is not entitled. Found guilty of mail fraud,Robert can be punished by A) imprisonment for up to fifty years
B) imprisonment for up to five years and fines of up to $1,000. C) fines up to $5 million. D) none of the choices.
The Housing Affordability Index is based upon the relationship between the median family income and the income necessary to qualify for a loan on a median priced home
Indicate whether the statement is true or false