Elise and her friend Eloi developed an online car repair training course and sell it for $67.50 per course. The contribution margin per course is $23.00 and to break-even they need to have a total revenue of $32,000.00 per annum. a. What is the break-even volume?   Round up to the next whole number b. What is the fixed costs per annum?   Round to the nearest cent c. What is the total revenue if they sell 3,050 courses this year?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Elise and her friend Eloi developed an online car repair training course and sell it for $67.50 per course. The contribution margin per course is $23.00 and to break-even they need to have a total revenue of $32,000.00 per annum.
a. What is the break-even volume?
 
Round up to the next whole number
b. What is the fixed costs per annum?
 
Round to the nearest cent
c. What is the total revenue if they sell 3,050 courses this year?
 

 

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