Exercise I Early Horizons Day Care Center has fixed costs of $300,000 per year and...
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Accounting
Exercise I
Early Horizons Day Care Center has fixed costs of $300,000 per year and variable costs
of $10 per child per day. If it charges $25 a child per day, what will be its break-even point
expressed in dollars of revenue? How much revenue would be required for Early Horizons Day
Care to earn $100,000 net income per year?
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