Guria is considering opening her own fitness gym, but she is worried about whether she...
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Guria is considering opening her own fitness gym, but she is worried about whether she can attract enough gym members to breakeven. The fixed operating costs for the gym will be $150,000 per year. Customers will pay $299 for an annual gym membership. Each gym member gets a free fitness assessment once a year, which costs Guria $80 per customer. How many gym membership will Guria need to sell in a year to breakeven? Show your work below. FC = Price = CM = VC = Breakeven Q = Q13. Ashwin makes canned jam, which he sells at his local farmer's market. He rents the market stall for $300 a month. He sells each can of jam for $18, and that price includes a contribution margin of 20% per item. How many cans of jam does Ashwin need to sell in a month in order to breakeven? Show your work below. FC = Price = CM = VC = Breakeven Q =
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