How to calculate member sales

Assignment Help Accounting Basics

Reference no: EM132472292

Assume the following revenue and cost break-down.

Revenue:

Monthly membership fee = $28.

Costs:

General fixed operating expenses = $3,975 per month.
Equipment Lease = $410 per month.
Towel service = $.50 per member based on volume.
Mixed costs are equal to $275 per/month (fixed) plus $1.10 per membership sale (variable).
Total variable costs are not known.
Estimated number of members required to break even is between 255 and 275 members per month.

Question 1: How to calculate member sales?

Reference no: EM132472292

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